Levi & Korsinsky, LLP notifies investors in New Oriental Education & Technology Group Inc. (“New Oriental” or the “Company”) (NYSE: EDU) of a class action securities lawsuit.

The lawsuit on behalf of New Oriental investors has been commenced in the the United States District Court for the Southern District of New York. Affected investors purchased or otherwise acquired certain New Oriental securities between April 24, 2018 and July 22, 2021. Follow the link below to get more information and be contacted by a member of our team:

New Oriental Education & Technology Group Inc. Loss Submission Form

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.

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New Oriental Education & Technology Group Inc. NEWS – EDU NEWS

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (a) New Oriental’s revenue and operational growth was the result of deceptive marketing tactics and abusive business practices that flouted Chinese regulations and policies and exposed the Company to an extreme risk that more draconian measures would be imposed on the Company; (b) New Oriental had engaged in misleading and fraudulent advertising practices, including the provision of false and misleading discount Information designed to obfuscate the true cost of the Company’s programs to its customers; (c) New Oriental had falsified teacher qualifications and experience in order to attract customers and increase student enrollments; (d) New Oriental had defied prior government warnings against linking school enrollments with the provision of private tutoring services; (e) as a result of the foregoing, New Oriental was subject to an extreme undisclosed risk of adverse enforcement actions, regulatory fines and penalties, and the imposition of new…