Thieler Law Corp advises investors with losses exceeding $100,000 of the October 7, 2019 lead plaintiff deadline in a class action lawsuit filed against 2U Inc (NASDAQ: TWOU) (“2U” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased 2U Inc securities between February 25, 2018 and July 30, 2019, have until October 7, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased 2U 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 the Company faced increasing competition in online education and particularly regarding graduate programs; that the Company faced certain program-specific issues that negatively impacted its performance; that, as a result, the Company’s business model was not sustainable; that the Company would slow its program launches; and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On July 30, 2019, the Company revealed its financial results for the quarter ended June 30, 2019. The Company's founder and Chief Executive Officer Christopher "Chip" Paucek stated, "As we deliver our full portfolio of educational offerings to new and existing partners, we are also setting 2U on a defined path to profitability by tempering short-term growth projections and leveraging our scale to drive greater operational efficiencies across the business."

On July 31, 2019, NASDAQ: TWOU fell $23.70 per share or roughly 65%, on over 50 times the average trading volume of 2U shares.

If you were negatively impacted by your investment in 2U Inc securities between February 25, 2018 and July 30, 2019 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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