NEW YORK--(BUSINESS WIRE)--The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Xueda Education Group stock prior to July 27, 2015.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Xueda Education Group (NYSE: XUE) to Xiamen Insight Investment Co., Ltd. for US$2.82 in cash per share. Certain founders and insiders owning approximately 58.4% of the Company’s outstanding shares have agreed to tender their shares. To learn more about the investigation and your rights, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.