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0 0.000589854502556059 0.00157294534014954 9.83090837593897E-05 0.0102241447109714 -0.00117970900511198 -0.000786472670074698 -0.000786472670074698
Stock impact report

The Law Offices of Frank R. Cruz Announces Investigation on Behalf of TAL Education Group Investors (TAL)

TAL Education Group American Depositary Shares (TAL) 
Last tal education group american depositary shares earnings: 7/25 04:00 am Check Earnings Report
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation on behalf of TAL Education Group ("TAL Education" or the Company") (NYSE: TAL) investors concerning the Company and its officers’ possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.On April 7, 2020, TAL Education disclosed irregularities and violations of the Company's business conduct and internal control policies by an employee in the Company's newly introduced "Light Class" business. The employee allegedly conspired with external vendors to inflate "Light Class" sales by forging contracts and other documentation. For the fiscal year 2020 ended February 29, 2020, "Light Class" sales accounted for approximately 3% to 4% of the Company's total estimated revenues.On this news, the Company's share price fell as much as 8% in intraday trading on April 8, 2020.Follow us for updates on Twitter: twitter.com/FRC_LAW.If you purchased Show less Read more
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