SAN DIEGO & BEIJING--(BUSINESS WIRE)--Shareholder rights law firm Robbins Arroyo LLP informs shareholders that it is investigating Sunlands Technology Group (NYSE: STG) for potential violations of federal securities laws pursuant to the company's March 2018 initial public offering ("IPO"). On March 22, 2018, Sunlands held its IPO, offering shares at $11.50. Since its IPO, Sunlands' stock has plummeted, and currently trades at just $2.15, an almost 81% drop from its IPO price. Sunlands provides post-secondary and professional educational services.
View this information on the law firm's Shareholder Rights Blog:
Sunlands Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leo Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Check out Stock Watch, our free investment monitoring service for shareholders.
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