|Company name||RYB Education, Inc.|
|Class period||September 24, 2017 – November 22, 2017|
|Lead plaintiff deadline||January 27, 2018|
|Court||Southern District of New York|
NEW YORK, December 4, 2017 – Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired RYB Education, Inc. (NYSE: RYB) securities between September 24, 2017 and November 22, 2017 (the “Class Period”). Investors have until January 27, 2018 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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 RYB securities during the Class Period or continue to hold shares purchased prior to the Class Period, 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 Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.