TAL Education Group Securities Litigation

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Lawsuit Overview

Defendant:TAL Education Group
Date Filed:June 18th, 2018
Sector:Consumer Services
Industry:Other Consumer Services
Class Start Date:June 1st, 2016
Class End Date:June 13th, 2018

According to the Complaint, TAL Education Group ("TAL") provides educational services, and offers comprehensive tutoring services to students covering core academic subjects such as mathematics, English, Chinese, physics,
chemistry. The Company mainly serves students in China.

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose: (1) that the Company overstated its net income; (2) that the Company's net income was deteriorating; and (3) that, as a result of the foregoing, Defendants' statements about TAL's business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

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First Identified Complaint

Edward Lea, et al. v. TAL Education Group, et al.

Date Filed:June 18th, 2018
Class Period Start:June 1st, 2016
Class Period End:June 13th, 2018
First Identified Complaint Filings
#Document TitleFiling Date