Thieler Law Corp advises investors with losses exceeding $100,000 of the April 25, 2017 lead plaintiff deadline in a class action lawsuit filed against Pearson plc (NYSE: PSO) (“Pearson” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Pearson plc securities between January 21, 2016 and January 17, 2017, have until April 25, 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 Pearson plc 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 regarding the Company’s business, operational and compliance policies. Specifically, the complaint alleges Pearson made overly optimistic projections for 2017 and 2018 regarding its U.S. education business when, in reality, students were not likely to purchase the Company’s products when more affordable alternatives were available.

On January 18, 2017, the Company issued a press release revealing that it no longer expected to achieve its operative profit guidance for 2018 as a result of “[t]he North American higher education courseware market being much weaker than expected” and that Pearson would “rebase” its dividend “from 2017 onwards.”

On this news, NYSE: PSO dropped approximately 29% to close at $7.13 per share on January 18, 2017.

If you were negatively impacted by your investment in Pearson plc securities between January 21, 2016 and January 17, 2017 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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