Cases
RYB Education, Inc. (RYB)
Securities Class Action
Overview
Overview
- Date:
- 11/27/2017
- Company Name:
- RYB Education, Inc.
- Stock Symbol:
- RYB
- Status:
- Closed/Complete
NEW YORK, November 27, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims against RYB Education, Inc. (NYSE: RYB). Our investigation concerns whether RYB has violated the federal securities laws and/or engaged in other unlawful business practices.
On November 24, 2017, several news outlets reported that Beijing police were investigating claims of child abuse at a kindergarten run by RYB in Beijing’s Chaoyang district. The state-run Xinhua news agency reported they were checking allegations that children were “reportedly sexually molested, pierced by needles and given unidentified pills”. Following this news, the price of RYB ADRs fell $10.28 per share, or over 38%, to close at $16.45 per share on November 24, 2017.
If you purchased or otherwise acquired shares of RYB and suffered a loss, have information, 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 Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On November 24, 2017, several news outlets reported that Beijing police were investigating claims of child abuse at a kindergarten run by RYB in Beijing’s Chaoyang district. The state-run Xinhua news agency reported they were checking allegations that children were “reportedly sexually molested, pierced by needles and given unidentified pills”. Following this news, the price of RYB ADRs fell $10.28 per share, or over 38%, to close at $16.45 per share on November 24, 2017.
If you purchased or otherwise acquired shares of RYB and suffered a loss, have information, 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 Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.