Legal

Rosen Law Firm Urges 2U, Inc. Investors to Act Before Aug 12 Deadline in Securities Class Action

Published August 4, 2024

NEW YORK – As the August 12, 2024 deadline approaches, Rosen Law Firm, a global investor rights law firm, is calling on investors who have experienced losses exceeding $100,000 from their investments in 2U, Inc. TWOU to come forward and secure legal counsel. The firm provides a reminder that the purchasers of TWOU securities during the period from February 9, 2022, to February 12, 2024, inclusively, are included in a class action lawsuit over alleged securities violations.

Background on 2U, Inc.

2U, Inc., an educational technology company based in Lanham, Maryland, operates within the United States, Hong Kong, South Africa, and the United Kingdom. The company's primary focus is on creating educational platforms and offering online program management services to higher education institutions. The recent legal developments relate directly to TWOU's operations and their implications for investors.

The Class Action Suit

The securities class action lawsuit stems from allegations that 2U, Inc. may have issued materially misleading business information to the investing public during the specified class period. Investors who acquired TWOU securities and incurred significant losses are urged to contact legal counsel before the impending deadline to participate in the class action suit. The suit seeks to recover damages for TWOU investors under federal securities laws. Investors are being reminded of the importance of joining the lawsuit before the August deadline in hopes of potentially recuperating significant financial losses.

Importance of Legal Representation

Rosen Law Firm emphasizes the importance for investors to secure counsel as soon as possible. With the deadline fast approaching, time is of the essence for those who have been financially impacted by the performance and disclosures of 2U, Inc. during the class period. Rosen Law Firm's notice serves as a crucial reminder for investors to take swift action to safeguard their rights and assert their interests within the legal process.

deadline, lawsuit, investors