GSX Techedu (GSX) Alert: Johnson Fistel Investigates GSX Techedu Inc.; Investors Suffering Losses Encouraged to Contact Firm
SAN DIEGO- PRNewswire —April 14, 2020
Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by GSX Techedu Inc. (“GSX” or the “Company”) (NYSE: GSX).
On April 14, 2020, Andrew Left, managing editor of Citron Research (“Citron”) published a report entitled “GSX Techedu Inc – The Most Blatant Chinese Stock Fraud since 2011” in which Left detailed a series of alarming red flags about GSX.
Specifically, Citron alleges that GSX is overstating revenue by up to 70%, and “The SEC must halt trading in this security.”
If you have information that could assist in this investigation, including past employees and others, or if you are a GSX shareholder and are interested in learning more about the investigation, please contact lead analyst Jim Baker ([email protected]) by email or phone at 619-814-4471. If emailing, please include a phone number.
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About Johnson Fistel, LLP:
Johnson Fistel, LLP, is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.