BENSALEM, Pa., Sept. 16, 2022 (GLOBE NEWSWIRE) — The law firm of Howard G. Smith is reminding investors that class action lawsuits have been filed on behalf of the shareholders of the following public companies. Investors have until the deadlines listed below to file a lead plaintiff filing.

Investors who experience losses on their investments are advised to contact the law firm of Howard G. Smith to discuss their legal rights in these class action lawsuits at 888-638-4847 or by email at [email protected].

17 Education & Technology Group Inc. (NASDAQ: YQ)
Class period: December 2020 IPO
Deadline for lead plaintiff: September 19, 2022

The lawsuit alleges that the defendants made false and/or misleading statements and/or failed to disclose the following: (1) Defendants 17EdTech’s K-12 Academic AST Services would terminate less than one year after the IPO; (2) as part of their ongoing regulatory efforts, the Chinese authorities would immediately restrict and/or terminate 17EdTech’s core business; and (3) as a result, the defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacking a reasonable basis at all relevant times.

Enochian Biosciences, Inc. (NASDAQ: NOV)
Class Period: January 17, 2018 – June 27, 2022
Deadline for lead plaintiff: September 26, 2022

The Complaint alleges that during the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose: (1) that co-founder and inventor Gumrukcu was involved in a variety of frauds; (2) that Gumrukcu was not a licensed physician anywhere in the world; (3) that as a result of the foregoing, Gumrukcu’s alleged contributions to the Company had no reasonable basis; (4) that as a result of the foregoing, the Company had overstated its commercial prospects; (5) that Gumrukcu had improperly diverted approximately US$20 million from Enochian to companies he owned; and (6) that as a result of the foregoing, Defendants’ affirmative statements…