Case Page

 

Case Status:    ONGOING    
On or around 06/19/2018 (Ongoing date of last review)

Filing Date: June 18, 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.

COMPANY INFORMATION:

Sector: Services
Industry: Personal Services
Headquarters: China

SECURITIES INFORMATION:

Ticker Symbol: TAL
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: S.D. New York
DOCKET #: 18-CV-05480
JUDGE: Hon. Robert W. Sweet
DATE FILED: 06/18/2018
CLASS PERIOD START: 04/26/2018
CLASS PERIOD END: 06/13/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Glancy Prongay & Murray LLP (New York)
    122 East 42nd Street, Suite 2920 , Glancy Prongay & Murray LLP (New York), NY 10168
    (212) 682-5340 (212) 884-0988 ·
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