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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Sunlands Technology Group (NYSE: STG) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Sunlands Technology Group (NYSE: STG) concerning whether a series of statements by Sunlands Technology Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On March 23, 2018, Sunlands Technology completed its Initial Public Offering (IPO), issuing 13 million shares at $11.50 per share.
Since the Initial Public Offering (IPO), shares of Sunlands Technology closed at $2.64 per share, a loss of more than 77%, therefore causing investors harm.
Based in People's Republic of China, and founded in 2003 Sunlands Technology Group is the leader in China’s online post-secondary and professional education.
If you purchased shares of Sunlands Technology Group (NYSE: STG) on or before March 23, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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