An investigation on behalf of current long term investors in RYB Education Inc – ADR (NYSE: RYB) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 01/30/2019 -- An investigation was announced on behalf of current long-term investors in shares of RYB Education Inc – ADR (NYSE: RYB) concerning potential breaches of fiduciary duties by certain directors of RYB Education Inc.
Investors who are current long term investors in RYB Education Inc – ADR (NYSE: RYB) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: RYB stocks follows a lawsuit filed against RYB Education Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: RYB stocks, concerns whether certain RYB Education directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the defendants made materially false and/or misleading statements and/or failed to disclose that RYB Education failed to establish safety policies to prevent sexual abuse from occurring at its schools, that RYB Education's failure to remedy problems within its system exposed children to harm and unreasonable risk of harm while in its care, and that as a result of the foregoing, RYB securities traded at artificially inflated prices between September 27, 2017 and November 22, 2017.
Those who purchased shares of RYB Education Inc – ADR (NYSE: RYB) have certain options and should contact the Shareholders Foundation.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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