Recent Securities Litigations

Zhangmen Education Inc. American Depositary Shares each representing nine (9) Class A ordinary share (NYSE: ZME)

2 Days left to seek lead plaintiff status.

Company Name:Zhangmen Education Inc. American Depositary Shares each representing nine (9) Class A ordinary share
Stock Symbol:NYSE: ZME
Class Period Start:06/08/2021
Class Period End (inclusive):11/19/2021
Filing Deadline:01/18/2022

The Complaint alleges that the IPO's Registration Statement failed to disclose that: (a) PRC authorities were in the process of implementing sweeping new regulatory reforms on the private education industry in China including, among others, prohibitions on: (i) profit-making by private education companies, (ii) engaging in core-curriculum tutoring on weekends and vacations, and (iii) capital-raising by companies like Zhangmen Education; (b) the known risks, events, and uncertainties noted in the Registration Statement were reasonably likely to have a material adverse effect on Zhangmen Education's business; and (c) based on the foregoing, the statements in the Registration Statement concerning Zhangmen Education's historical financial performance, market demand, and industry trends were materially incomplete, inaccurate, and misleading.

Zhangmen Education Inc. American Depositary Shares each representing nine (9) Class A ordinary share (NYSE: ZME) Claim Form

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