2U, Inc. faces a securities fraud class action lawsuit due to alleged false statements about business operations and partnerships.
2U, Inc., an online education company, faces a securities fraud class action lawsuit filed by Glancy Prongay & Murray LLP. The lawsuit alleges that 2U made false or misleading statements between Feb 9, 2022, and Feb 12, 2024, about its business operations and prospects, related to its partnership with USC and its ability to continue as a going concern. Investors have 60 days to request to serve as lead plaintiff in the case.
June 14, 2024
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