Market Overview

TAL EDUCATION SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against TAL Education Group - TAL

Share:

Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General
of Louisiana, Charles C. Foti, Jr., remind investors that they have until
August 17, 2018
to file lead plaintiff applications in a securities
class action lawsuit against TAL Education Group (NYSE:TAL), if they
purchased the Company's securities between April 26, 2018 and June 13,
2018, inclusive (the "Class Period"). This action is pending in the
United States District Court for the Southern District of New York.

What You May Do

If you purchased securities of TAL and would like to discuss your legal
rights and how this case might affect you and your right to recover for
your economic loss, you may, without obligation or cost to you, contact
KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email
(lewis.kahn@ksfcounsel.com),
or visit https://www.ksfcounsel.com/cases/nyse-tal/
to learn more. If you wish to serve as a lead plaintiff in this class
action, you must petition the Court by August 17, 2018.

About the Lawsuit

TAL and certain of its executives are charged with failing to disclose
material information during the Class Period, violating federal
securities laws.

On June 13, 2018, a report by Muddy Waters Research alleged a wide range
of illicit activity by TAL, including that it "has been fraudulently
overstating its profits since at least FY2016," and that "TAL combines
the old school China fraud playbook of simply penciling in more
favorable numbers with the more sophisticated asset parking fraud of
Enron."

On this news, the price of TAL's shares plummeted $4.54 per share, or
over 9%, to close at $41.11 on June 13, 2018.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C.
Foti, Jr., is a law firm focused on securities, antitrust and consumer
class actions, along with merger & acquisition and breach of fiduciary
litigation against publicly traded companies on behalf of shareholders.
The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

View Comments and Join the Discussion!