LOS ANGELES, Sept. 19, 2022 (GLOBE NEWSWIRE) — The law office of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders in the following public companies. Investors have until the deadlines listed below to file a lead plaintiff filing.
Investors who suffer losses on their investments are advised to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email at [email protected].
17 Education & Technology Group Inc. (NASDAQ: YQ)
Class Period: December 1, 2020 – July 18, 2022
Deadline for lead plaintiff: September 19, 2022
The complaint filed in this class action alleges that the defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, Defendants failed to disclose to investors that (1) Defendant 17EdTech’s K-12 Academic AST Services would end less than a 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 filed in this Class Action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, the Defendants failed to disclose to investors: (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 due to…
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