New Oriental Education & Technology Group Inc

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: New Oriental Education & Technology Group Inc
Stock Symbol : NYSE: EDU
Class Period Start: 09/27/2016
Class Period End: 12/01/2016
Lead Plaintiff motion: 02/13/2017
Date Filed: 12/15/2016
Type of Case: Securities Class Action
Court: U.S. District Court for the District of New Jersey
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the February 13, 2017 lead plaintiff deadline in a class action lawsuit filed against New Oriental Education & Technology Group Inc (NYSE: EDU) (“New Oriental” or “the Company”). The suit is pending in the U.S. District Court for the District of New Jersey and investors, who purchased New Oriental Education & Technology Group Inc securities between September 27, 2016 and December 1, 2016, have until February 13, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased New Oriental Education & Technology Group Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that New Oriental engaged in college application fraud; and as a result, Defendants’ statements about New Oriental’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On December 2, 2016, an article releases by Reuters revealed that New Oriental Education & Technology Group, had been accused of engaging in college application fraud.

Following this news, NYSE: EDU fell from $48.99 per share on December 1, 2016 to a closing price of $42.00 on December 2, 2016.

If you were negatively impacted by your investment in New Oriental Education & Technology Group Inc securities between September 27, 2016 and December 1, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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