TWOU - ATTENTION NASDAQ: TWOU INVESTORS: Contact Berger Montague About a 2U Inc. Class Action Lawsuit | Benzinga
PHILADELPHIA, June 28, 2024 (GLOBE NEWSWIRE) -- A securities fraud lawsuit has been filed against 2U, Inc. ("2U" or the "Company") (NASDAQ:TWOU). The lawsuit is captioned Beaumont v. 2U, Inc., et al., No. 8:24-cv-01723 (D. Md.), and is filed on behalf of purchasers of 2U securities between February 9, 2022 and February 12, 2024, inclusive (the "Class Period").
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Investors who purchased or acquired 2U securities during the Class Period may, no later than August 12, 2024, seek to be appointed as a lead plaintiff representative of the class.
2U is an online education platform company based in Lanham, Maryland. According to the complaint, throughout the Class Period, the defendants failed to disclose to investors that: (1) the Company was unable to sustain relationships with key universities and ...