NEW YORK, NY / July 23, 2021 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating 17 Education & Technology Group Inc. (NASDAQ:YQ) for potential securities violations and breach of fiduciary duty.
On July 23, 2021, the stock price of 17 Education & Technology Group Inc. fell by over 40% premarket following a Bloomberg report that the Chinese government is reportedly considering converting tutoring companies into non-profit organizations.
If you currently own stock or options in 17 Education & Technology Group Inc. and want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at [email protected] .
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Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at Labaton.com .
CONTACT:
David J. Schwartz
(800) 321-0476
[email protected]
SOURCE: Labaton Sucharow