GSX INVESTOR Alert: Bronstein, Gewirtz & Grossman, LLC Notifies GSX Techedu Inc. Shareholders With Losses Exceeding $100K of Class Action and Encourages Investors to Contact the Firm
GSX Techedu Inc. (GSX)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against GSX Techedu Inc. ("GSX" or "the Company") (NYSE: GSX) on behalf of shareholders who purchased GSX securities between June 6, 2019 and April 13, 2020, inclusive (the ''Class Period''). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/gsx.This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, defendants made false and misleading and/or failed to disclose that material adverse information. Specifically, the complaint alleges that GSX overstated numerous metrics including profitability, revenue, student enrollment, and overinflated other metrics like teacher qualifications, and that this pattern of inaccuracy would have a material impact on the Company’s fu
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