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Law Offices of Howard G. Smith continues its investigation on behalf of RYB Education, Inc. ("RYB Education" or the "Company") (NYSE: RYB) investors concerning the Company and its officers' possible violations of federal securities laws.
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On November 24, 2017, RYB Education disclosed that police started an investigation following reports from some parents of children enrolled in a class at an RYB-branded kindergarten in Beijing, claiming that their children had experienced "seriously improper conduct" at the kindergarten. RYB Education also stated that it suspended the staff who were allegedly involved, and would take all other necessary measures to promptly cooperate with police and other authorities on the investigation.
On this news, shares of RYB Education fell $10.26 per share, or more than 38%, to close at $16.45 per share on November 24, 2017, thereby injuring investors.
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If you purchased RYB Education securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171208005647/en/
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.