LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC announces it is investigating claims against Tarena International, Inc. (“Tarena” or the “Company”) (NASDAQ: TEDU) concerning possible violations of federal securities laws. The investigation is related to allegations that certain statements issued by Tarena were false and misleading concerning the Company’s financial performance.
To join this class action lawsuit, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at firstname.lastname@example.org.
The investigation will focus on whether the Company made misleading statements and/or failed to disclose that on August 18, 2015, the Company announced that it had missed both EPS and earnings expectations for the second quarter fiscal 2015. Tarena also lowered their future guidance, blaming the RMB-USD exchange rate. When the news was revealed, shares dropped causing investors harm.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
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