SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of LAIX Inc. - LAIX
LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Share (LAIX)
Last laix inc. american depositary shares, each representing fourteen class a ordinary share earnings: 3/12 07:00 pm
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Source: PR Newswire
NEW YORK, April 12, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether LAIX and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 12, 2020, LAIX issued a press release announcing the Company's unaudited fourth quarter and full year 2019 financial results. For the quarter, LAIX reported GAAP earnings per share of -$0.60 on revenue of $33.2 million, both of which fell short of consensus estimates. On this news, LAIX's stock price fell $0.69 per share, or 15.4%, to close at $3.79 per share on March 13, 2020.The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms
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