LOS ANGELES–(BUSINESS WIRE)–$STG #CLASSACTION–Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf
of Sunlands Technology Group (“Sunlands Technology” or the
“Company”) (NYSE: STG)
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.
If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire, at
310-201-9150, Toll-Free at 888-773-9224, or by email to [email protected],
or visit our website at www.glancylaw.com.
On March 23, 2018, the Company completed its Initial Public Offering,
issuing 13 million shares at $11.50 per share.
On June 4, 2019, shares of Sunlands Technology closed at $2.64 per
share, more than 77%, from the $11.50 IPO price.
If you purchased Sunlands Technology securities, have information, or
would like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with respect to
these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park
East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at
888-773-9224, or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number, and the number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy,
310-201-9150 or 888-773-9224
www.glancylaw.com
[email protected]
