NEW YORK, Sept. 17, 2019 (GLOBE NEWSWIRE) — Bernstein Liebhard LLP announces that class action complaints have been filed on behalf of shareholders of TWOU, CURLF, and JE. If you wish to serve as lead plaintiff, you must move the court by the lead plaintiff deadlines listed below. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you take no action, you may remain an absent class member.
To discuss the cases below please contact Matthew E. Guarnero toll free at (877) 779-1414.
2U Inc. (TWOU)
CLASS PERIOD: 02/26/2018 – 07/30/2019
LEAD PLAINTIFF DEADLINE: October 7, 2019
Throughout the Class Period, Defendants made material misstatements and/or failed to disclose to investors: (i) that the Company faced increasing competition in online education and particularly regarding graduate programs; (ii) that the Company faced certain program-specific issues that negatively impacted its performance; (iii) that, as a result, the Company’s business model was not sustainable; (iv) that the Company would slow its program launches; and (v) that, as a result of the foregoing, Defendants positive statements about the Company’s business, operations, and