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home / news releases / STG - Glancy Prongay & Murray LLP Continues Investigation on Behalf of Sunlands Technology Group Investors (STG)


STG - Glancy Prongay & Murray LLP Continues Investigation on Behalf of Sunlands Technology Group Investors (STG)

Glancy Prongay & Murray LLP (“GPM”) announces the continuation of its investigation on behalf of Sunlands Technology Group (“Sunlands Technology” or the “Company”) (NYSE: STG) investors concerning the Company and its officers’ possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com.

On March 23, 2018, the Company completed its Initial Public Offering, issuing 13 million shares at $11.50 per share.

On June 4, 2019, shares of Sunlands Technology closed at $2.64 per share, more than 77%, from the $11.50 IPO price.

If you purchased Sunlands Technology securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190612005948/en/

Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
www.glancylaw.com
shareholders@glancylaw.com

Copyright Business Wire 2019
Stock Information

Company Name: Sunlands Online Education Group American Depositary Shares representing Class A
Stock Symbol: STG
Market: NYSE
Website: sunlands.com

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