EQUITY ALERT: ROSEN, A TOP FIRM, Continues Investigation of

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
178
EQUITY ALERT: ROSEN, A TOP FIRM, Continues Investigation of TAL Education Group; Investors With Losses In Excess Of $100K Should Contact Firm – TAL

NEW YORK, April 11, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues investigating potential securities claims on behalf of shareholders of TAL Education Group (NYSE: TAL) resulting from allegations that TAL may have issued materially misleading business information to the investing public.

On April 7, TAL announced that there was certain employee wrongdoing discovered in the Company's routine internal auditing process. TAL discovered irregularities and violations of the Company's business conduct and internal control policies by an employee in the Company's newly introduced "Light Class" business. Upon such discovery, TAL immediately reported to the local police. The employee has been taken into custody by the local police.

Based upon the Company's routine internal audit, the Company suspects that the employee of question conspired with external vendors to wrongly inflate "Light Class" sales by forging contracts and other documentations. For the fiscal year 2020 ended February 29, 2020, "Light Class" sales accounted for approximately 3% to 4% of the Company's total estimated revenues.

Upon this news, the Company’s stocks dropped almost 7% to close at $52.06 on April 8, 2020.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by TAL investors. If you purchased shares of TAL please visit the firm’s website at https://www.rosenlegal.com/cases-register-1832.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com .

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm .

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:       Laurence Rosen, Esq.       Phillip Kim, Esq.       The Rosen Law Firm, P.A.       275 Madison Avenue, 40 th Floor       New York, NY 10016       Tel: (212) 686-1060       Toll Free: (866) 767-3653       Fax: (212) 202-3827       lrosen@rosenlegal.com       pkim@rosenlegal.com       cases@rosenlegal.com       www.rosenlegal.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Pyramid Pharma Takes On 13th Blood Cancer Therapy Product

Updated Category News Views 25

Pyramid Pharma: Breaking New Ground in Blood Cancer Treatments There's a new player making waves in the battle against rare blood cancers: Pyramid Pharma Services. This U.S.-based contract development and manufacturing organization is stepping up its game by finessing a cartridge-based product designed to treat those rare and tricky blood maladies. The canvas? A...

Continue Reading
Alair Homes Expands Footprint in Missouri, Partnering with Local Talent

Updated Category News Views 236

Well, here's a move that might not have every trader jumping up, but it sure rings a few bells for those watching the construction sector. Alair Homes, the giant in the custom building space, is planting roots in Columbia, Missouri, by joining forces with Brad Young, the brain behind TigerTown Home Improvement. Now, that's one way to bolster your game in a growing market...

Continue Reading
SPECS Framework: Rethinking Career Growth Strategies

Updated Category News Views 77

An Evolving Workplace Demands Evolving Strategies Look, careers ain't what they used to be—and they shouldn't be. Today’s world is flipping the script on how we work, and Dr. Brandi R. Muñoz is rewriting the book on career development with her SPECS framework. The guy clinging to his outdated Rolodex for advice isn't gonna cut it anymore. "Who Are Your SPECS?...

Continue Reading
Exploring 'Deeper Prayer': A Journey with Apostle Paul

Updated Category News Views 143

A Deep Dive into the Prayers of Apostle Paul Gary P. Rohrmayer's latest devotional takes believers on a unique journey, exploring the Apostle Paul's prayers across his missionary paths. But don't expect just another preacher prophesying from the pulpit. This is more like peeling back layers of history, bit by bit. 28 Days of Spiritual Insights Each day within the book...

Continue Reading
TriMas Streamlines Portfolio with Rapak Sale

Updated Category News Views 99

TriMas Sheds Rapak: A Strategic Move Here's a twist worth dissecting: TriMas Corporation (NASDAQ: TRS) has offloaded its subsidiary Rapak, LLC to the German industrial packaging giant, Ringmetall SE. This isn't just a business shuffle—it's a calculated pivot with eyes on sharpening the core business blade. As they announced from Bloomfield Hills, Michigan, this move...

Continue Reading
Ally Financial Scores High Marks: Banking and Workplace

Updated Category News Views 185

Ally's Impressive Award Sweep Takes the Spotlight There's something palpable about consistently being on top of the game in a sector as cutthroat as banking. Ally Financial is turning heads with a series of recognitions that paint a picture of a company doing more than just crunching numbers under the ticker NYSE:ALLY. Why Ally Bank Tops the Banking Charts Ally's been...

Continue Reading
BOC Group Sustains Leadership in Enterprise Architecture

Updated Category News Views 18

BOC Group's Continued Dominance It's not every day you see a company like BOC Group sticking to the Leader spot in Gartner's Magic Quadrant for six straight years. Anyone entrenched in enterprise architecture can recognize what a feat that is. Their tool, ADOIT, isn't just riding the AI trend—it’s steering it. It's like they've got this knack for fusing technology...

Continue Reading
Virse Revolutionizes Creative Production with AI Canvas

Updated Category News Views 57

A New Era in Creative Workflows These days, the design world is getting a major shake-up thanks to Virse's innovative AI-driven workspace. Based out of Dover, this new system isn't just about boosting tech for the sake of it; it's about making creative production a symphony rather than a cacophony. And, let me tell ya, any time I've loaded up on coffee to prep for a brand...

Continue Reading
Hunan Courts European Investors with Strategic Initiatives

Updated Category News Views 74

Seizing the European Spotlight You've heard of places making a splash, but Hunan smashing through the scene in Europe? Now that's a move you don't see every day. This Chinese province is dead set on stealing the European investment show, with a slick meet-and-greet tour across Germany and Switzerland. What's cooking in Hunan isn't your typical rice porridge—it's a...

Continue Reading
Florida Homebuyers: Navigating Flood Zone Risks Smartly

Updated Category News Views 500

Florida Properties: The Buried Risk in Flood Zones If you’re dreaming of palm trees and sandy beaches, don't let flood zones turn that dream into a nightmare. It’s not all sunshine and rainbows when it comes to buying real estate in Florida, as it turns out—flood zones are lurking, and the devil's in the details. Understanding FEMA Flood Maps First off, these FEMA...

Continue Reading

Top 5 Most Recently Viewed Articles

The Journey of a Young Coder in the Tech World

Updated Category News Views 179

A Glimpse into a Young Coder's Life At just 25 years old, many individuals embark on their professional journeys, but one coder has claimed he has already achieved retirement, enjoying life in a tropical paradise and managing thriving crypto projects. This tale surfaced in a Reddit AMA, where the anonymous coder shared his experiences of becoming a self-taught programmer...

Continue Reading
Hamilton Zanze Expands Multifamily Portfolio with New Homes

Updated Category News Views 142

Hamilton Zanze Expands Multifamily Portfolio with New Homes Hamilton Zanze, a prominent multifamily real estate investment firm based in San Francisco, has successfully sponsored the acquisition of The Highlands. This garden-style apartment community features 448 homes, showcasing the firm’s continued growth in the multifamily housing sector. Highlights of The Highlands...

Continue Reading
Watts Water Plans Strategic Restructuring Amid Positive Growth

Updated Category News Views 138

Watts Water Technologies Inc. Announces Restructuring Plans Watts Water Technologies Inc. (NYSE: WTS) has recently announced its intention to consult with the works council regarding the closure of its foundry in France. This strategic decision is part of a broader plan to streamline operations and enhance the efficiency of its production activities across France and...

Continue Reading
Mercedes-Benz Reduces Profit Margin Forecast Amid China Concerns

Updated Category News Views 95

Mercedes-Benz Lowers Profit Margin Forecast Again Mercedes-Benz has just made waves again by lowering its profit margin target for the second time in a short period. This change stems from ongoing difficulties in the Chinese car market, which is currently facing considerable challenges. As a result of this decision, shares of the well-known German luxury automaker dropped...

Continue Reading
Transforming Bookstores: eCampus.com Partners with BSU for Students

Updated Category News Views 137

eCampus.com Partners with Bridgewater State University eCampus.com has partnered with Bridgewater State University, focusing on providing streamlined solutions for textbook ordering and enhancing the campus retail environment. Innovations in Textbook Ordering This collaboration will introduce students to a new, comprehensive online bookstore set to launch in Summer 2026....

Continue Reading