China Liberal Education Holdings Limited (US TRADING VENUE: CLEUF)
46 Days left to seek lead plaintiff status.
The complaint alleges in January 2025, individuals impersonating investment advisors on social media apps fraudulently influenced investors to purchase shares of CLEU stock, artificially “pumping” the price of CLEU stock. On January 30, 2025, the stock price suddenly plummeted, causing many investors to lose nearly all of the funds they had invested in these shares. Many of the individuals responsible for this coordinated pump and dump scheme are currently being prosecuted by the United States Department of Justice. However, there is evidence that executives at China Liberal may have known of, participated in, or been severely reckless with respect to the fraudulent scheme.