NEW YORK--(BUSINESS WIRE)--If you purchased or otherwise acquired Sunlands Technology Group (“Sunlands Technology” or the “Company”) securities (NYSE:STG) pursuant and/or traceable to Sunlands Technology’s Initial Public Offering (“IPO”) on March 23, 2018, you may have legal claims against the Company and are encouraged to contact Scott+Scott Attorneys at Law (“Scott+Scott”) attorney Jonathan Zimmerman at (888) 398-9312, or at jzimmerman@scott-scott.com, for more information, or visit the following link: https://scott-scott.com/case/sunlands-technology-group/. The deadline to move for Lead Plaintiff in a pending federal class action lawsuit against Sunlands Technology and certain other defendants is August 26, 2019.
Sunlands Technology offers professional courses and educational content to China’s online post-secondary and professional education market. On June 4, 2019, the Company’s securities closed at $2.64, representing a loss of over 77% from Sunlands Technology’s IPO price $11.50 per American Depository Share.
What You Can Do
If you purchased Sunlands Technology securities, and you wish to discuss this investigation, please contact attorney Jonathan Zimmerman at (888) 398-9312, or at jzimmerman@scott-scott.com, or visit the Sunlands Technology page on our website at https://scott-scott.com/case/sunlands-technology-group/.
About Scott+Scott Attorneys at Law LLP
Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Connecticut, California, and Ohio.
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