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Stock impact report

Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against TAL Education Group

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
NEW YORK--(BUSINESS WIRE)-- The law firm of Kirby McInerney LLP announced today that a class action lawsuit has been filed in the United States District Court for the Southern District of New York against TAL Education Group (“TAL” or “the Company”) (NYSE: TAL) on behalf of investors that acquired TAL securities during the period from April 26, 2018 through June 13, 2018 (the “Class Period”), seeking recovery of damages for alleged violations of the federal securities laws. Investors have until Friday, August 17, 2018 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The lawsuit alleges that on June 13, 2018, the investment research firm, Muddy Waters issued a report accusing the Company of issuing fraudulent profit figures by overestimating net income, net income margin, and other essential accounting figures. On this news, shares of TAL fell from $45.65 to close at $41.11 on June Show less Read more
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