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-0.00191534188852713 -0.000383068377705344 -0.00478835472131776 -0.000574602566558152 0.0110132158590309 0.0131200919364107 0.00191534188852713 0.0145565983528061
Stock impact report

TAL Education Group, “Leading K-12 After-School Tutoring Services Provider in China,” Announces Certain Employee Wrongdoing Discovered in Company’s Routine Internal Auditing Process – 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: GlobeNewswire
PHILADELPHIA, April 08, 2020 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C. is making investors aware that on April 7, 2020, TAL Education Group (“TAL Education” or the “Company”) (NYSE: TAL), “a leading K-12 after-school tutoring services provider in China,” announced that the Company discovered “. . . certain employee wrongdoing . . . in the Company’s routine internal auditing process. TAL discovered 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. Upon such discovery, TAL immediately reported to the local police. The employee has been taken into custody by the local police.” TAL Education also reported that “[b]ased upon the Company’s routine internal audit, the Company suspects that the employee of question conspired with external vendors to wrongly inflate ‘Light Class’ sales by forging contracts and other documentations. For the fiscal year 2020 ended February 29, Show less Read more
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