NEW
YORK, Aug. 12, 2024 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of 2U, Inc.
(NASDAQ: TWOU).
Shareholders who purchased shares of TWOU during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/2u-inc-loss-submission-form-2/?id=94750&from=4
CLASS PERIOD: February 9,
2022 to February 12, 2024
ALLEGATIONS: The complaint alleges that during the
class period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (1) the Company was
unable to sustain relationships with key universities and
organizations; (2) as a result, certain degree programs and
partnerships failed to materialize or were cancelled; (3) the
Company's transition to a platform company would lead to a decrease
in full course equivalent enrollments; (4) accordingly, the Company
had overstated the stability and/or longevity of its contractual
agreements and/or revenue sources; and (5) as a result of the
foregoing, defendants' positive statements about the Company's
business, operations, and prospects were materially misleading
and/or lacked a reasonable basis.
DEADLINE: August 12, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/2u-inc-loss-submission-form-2/?id=94750&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of TWOU during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is August 12, 2024. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross
Law Firm is committed to ensuring that companies adhere to
responsible business practices and engage in good corporate
citizenship. The firm seeks recovery on behalf of investors who
incurred losses when false and/or misleading statements or the
omission of material information by a company lead to artificial
inflation of the company's stock. Attorney advertising. Prior
results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm