A lawsuit was filed on behalf of investors in RYB Education Inc – ADR (NYSE:RYB) shares over alleged securities laws violations
San Diego, CA -- (SBWIRE) -- 12/18/2017 -- An investor, who purchased shares of RYB Education Inc – ADR (NYSE:RYB), filed a lawsuit in the U.S. District Court for the Southern District of New York over alleged violations of Federal Securities Laws by RYB Education Inc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of RYB Education Inc – ADR (NYSE:RYB) have certain options and for certain investors are short and strict deadlines running. Deadline: January 26, 2018. NYSE:RYB investors should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
According to the complaint the plaintiff alleges on behalf of purchasers of RYB Education Inc – ADR (NYSE:RYB) common shares between September 27, 2017 and November 22, 2017, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between September 27, 2017 and November 22, 2017, 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.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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