Prongay & Murray LLP (“GPM”) continues its investigation on
behalf of TAL Education Group (“TAL” or the “Company”) (NYSE: TAL)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
If you are a shareholder who suffered a loss, click here
On June 13, 2018, Carson Block told Bloomberg that TAL is “a real
business but its profits are fraudulent.” According to a report on Muddy
Waters’ website TAL began fraudulently creating profits as early as
fiscal year 2016, by inputting more favorable numbers along with
engaging in more sophisticated asset parking transactions. On this news,
shares of TAL fell $4.54, or nearly 10% to close at $41.11 on June 13,
2018, thereby injuring investors.
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If you purchased TAL 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, Esquire, of GPM, 1925 Century Park East,
Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at
888-773-9224, by email to email@example.com,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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