NEW YORK – (BUSINESS WIRE) – Jan. July 2021–
WHY: Rosen Law Firm, a global investor rights law firm, is reminding buyers of the securities of Tarena International, Inc. (NASDAQ: TEDU) between August 16, 2016 and November 1, 2019, inclusive (the “Class Period”) the important deadline for the main plaintiff on August 23, 2021 in the securities class action initiated by the law firm.
SO WHAT: If you acquired Tarena securities during the class action period, you may be entitled to compensation without paying any out-of-pocket or expense through a contingency fee agreement.
WHAT TO DO NEXT: To participate in the Tarena class action lawsuit, go to http://www.rosenlegal.com/cases-register-2094.html or call Phillip Kim, Esq. toll free at 866-767-3653 or email pkim@rosenlegal.com or case@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you want to serve as the lead plaintiff, you must call the court no later than August 23, 2021. A lead plaintiff is a representative party who acts on behalf of other class members in the conduct of the dispute.
WHY ROSEN LAW: We encourage investors to select skilled lawyers with a track record in leadership roles. Announcement companies often lack comparable experience, resources, or significant peer recognition. Be wise in choosing the advisor. Rosen Law Firm represents investors around the world and focuses its practice on securities class actions and shareholder derivatives. Rosen Law Firm has filed the largest class-action securities lawsuit ever against a Chinese company. Rosen Law Firm was ranked # 1 by ISS Securities Class Action Services for 2017 number of securities class action settlements. The law firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company raised over $ 438 million for investors. In 2020, founding partner Laurence Rosen was named Titan of Plaintiffs’ Bar by Law360. Many of the firm’s attorneys are recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the class action period, the defendants made false and / or misleading statements and / or failed to disclose: (1) certain employees disrupted external audits of Tarena’s financial statements for certain periods; (2) Tarena suffered from revenue and expenditure inaccuracies; (3) Tarena engaged in business transactions with organizations owned, invested by, or controlled by Tarena employees or their family members, which in some cases have not been properly disclosed by Tarena; (4) Due to the foregoing, Tarena’s financial statements from 2014 to the end of the Class Action Period were inaccurate; and (5) as a result, Defendants’ statements about its business, operations and prospects have been materially false and misleading and / or unfounded at all relevant times. When the real details hit the market, the lawsuit claims that investors have suffered damage.
To participate in the Tarena class action lawsuit, visit http://www.rosenlegal.com/cases-register-2094.html or call Phillip Kim, Esq. toll free at 866-767-3653 or email pkim@rosenlegal.com or case@rosenlegal.com for information about the class action.
No class has been certified. Until a class is certified, you will not be represented by a lawyer unless you keep one. You can choose an advisor of your choice. You can also remain an absent class member and do nothing at this point. An investor’s ability to partake in a potential future repayment does not depend on their being the lead plaintiff.
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View source version on businesswire.com: https://www.businesswire.com/news/home/2021077005008/en/
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen, PA law firm
275 Madison Avenue, 40th floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
case@rosenlegal.com
www.rosenlegal.com
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: LEGAL SERVICES
SOURCE: Rosen Law Firm
Copyright Business Wire 2021.
PUB: 7/17/2021 4:23 PM / DISC: 7/17/2021 4:23 PM
http://www.businesswire.com/news/home/20210717005008/en
Copyright Business Wire 2021.










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