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Share Name | Share Symbol | Market | Type |
---|---|---|---|
GSX Techedu Inc | NYSE:GSX | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 27.08 | 0 | 01:00:00 |
The Law Offices of Frank R. Cruz announces an investigation on behalf of GSX Techedu Inc. ("GSX" or the Company") (NYSE: GSX) investors concerning the Company and its officers’ possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to participate.
On April 14, 2020, the investment analyst Citron Research issued a report on GSX entitled "GSX Techedu Inc – The Most Blatant Chinese Stock Fraud since 2011." The Citron Report claimed that the Company "is overstating revenue by up to 70% and should immediately halt trading and launch an internal investigation."
On this news, the Company’s American Depositary Share (“ADS”) price fell sharply during intra-day trading thereby injuring investors.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you purchased GSX securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200414006034/en/
The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz, 310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com
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