Recent Security Class Actions

Gaotu Techedu Inc. American Depositary Shares (NYSE: GOTU)

29 Days left to seek lead plaintiff status.

Company Name:Gaotu Techedu Inc. American Depositary Shares
Stock Symbol:NYSE: GOTU
Class Period Start:03/05/2021
Class Period End (inclusive):07/23/2021
Filing Deadline:02/28/2023

On July 23, 2021, Media sources reported that China was prohibiting tutoring for profit in core school subjects in order to ease the financial burden on families, which would be likely to have a negative effect on China’s substantial private tutoring industry.  On this news, ADSs of Gaotu fell 63.3% to close at $3.52 per ADS on July 23, 2021.

Gaotu Techedu Inc. American Depositary Shares (NYSE: GOTU) Claim Form

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