The Klein Law Firm Announces a Class Action Commenced on Behalf of RYB Education, Inc. Shareholders and a Lead Plaintiff Deadline of January 26, 2018
RYB Education, Inc. American depositary shares, each representing one Class A ordinary share (RYB)
Last ryb education, inc. american depositary shares, each representing one class a ordinary share earnings: 3/30 08:00 pm
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US:NYSE Investor Relations:
ir.rybbaby.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of RYB Education, Inc. (NYSE:RYB) who purchased American Depositary Shares pursuant to the September 27, 2017 Initial Public Offering or between September 27, 2017 and November 22, 2017. The action, which was filed in the USDC for the Southern District of New York, alleges that the Company violated federal securities laws. In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (i) RYB failed to establish safety policies to prevent sexual abuse from occurring at its schools; (ii) RYB’s failure to remedy problems within its system exposed children to harm and unreasonable risk of harm while in the Company’s care; and (iii) as a result of the foregoing, RYB securities traded
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