Pomerantz Law Firm Initiates Class Action Suit Against 2U, Inc. on Behalf of Shareholders

New York, June 15, 2024 – The Pomerantz LLP law firm has officially announced the commencement of a class action lawsuit targeting the education technology company 2U, Inc. TWOU, which is listed on NASDAQ. The lawsuit has been instigated on behalf of shareholders due to alleged securities laws violations by the company.

Legal Proceedings Commence

Allegations against 2U, Inc. have prompted a legal response in the form of a class action lawsuit, which represents the collective interests of investors who acquired shares in the company during a specified timeframe. Shareholders who have suffered a loss and believe that the company may have misled investors are urged to participate in the legal action.

Contact Information for Legal Representation

Claimants seeking representation or further information about the lawsuit can reach out to Danielle Peyton, who can be contacted at email protected or by phone at 646-581-9980. There is also a toll-free number provided, 888.4-POMLAW, to accommodate investors from various locations.

About 2U, Inc.

2U, Inc. operates within the educational technology sector and maintains a presence across the United States, Hong Kong, South Africa, and the United Kingdom. The company's headquarters are based in Lanham, Maryland. The legal action against 2U, Inc. brings to light the seriousness with which issues of compliance and transparency are treated in the realm of corporate governance and investor relations.

Implications for Shareholders

This legal action emphasizes the responsibilities that publicly traded companies like 2U, Inc. have towards their investors. Accurate and timely disclosure of information is a fundamental part of maintaining trust in the financial markets. As such, the outcomes of cases like these are closely watched by investors and market participants alike for their potential impact on investment decisions and corporate practices.

Lawsuit, Shareholders, 2U