NYSE: STG

Sunlands Technology Group

Rosen Law Firm announces that the U.S. District Court has ruled that the case may proceed against the defendants in the Sunlands Technology Group securities class action.

If you purchased Sunlands securities between March 22, 2018 and June 27, 2019 and would like to join the action, please click “Join This Class Action”.

If you purchased Sunlands securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On September 21, 2022, the United States District Court for the Eastern District of New York denied the motion for judgment on the pleadings filed in the securities class action, Horowitz v. Sunlands Technology Group, et al., 1:19-cv-03744-LDH-RML (E.D.N.Y.).

On November 15, 2019, The Rosen Law Firm, P.A. filed an amended class action complaint against Sunlands Technology Group (NYSE: STG), Tongbo Liu, Yipeng Li, Jianhong Yin a/k/a Peng Ou, Lu Lu, Michael Minhong Yu, Yang Wang, Gaoneng Ji, Sam Hanhui Sun, Xiaochuan Wang, Goldman Sachs (Asia) L.L.C., Credit Suisse Securities (USA) LLC, AND J.P. Morgan Securities LLC, on behalf of investors who of persons who purchased or otherwise acquired Sunlands securities pursuant or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Sunlands’ March 2018 initial public stock offering (the “IPO” or “Offering”), seeking to recover compensable damages caused by defendants’ violations of the Securities Act of 1933 (the “Securities Act”).

If you purchased Sunlands securities between March 22, 2018 and June 27, 2019 and have questions concerning your legal rights or your ability to participate in in the Class action please contact Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com.

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