TWOU Investors Have Opportunity to Lead 2U, Inc. Securities Fraud Lawsuit

Core Viewpoint - Investors suffering losses from their investments in 2U, Inc. are encouraged to participate in a class action lawsuit due to alleged securities fraud [3]. Group 1: Allegations Against 2U, Inc. - The complaint alleges that during the Class Period, the Company failed to disclose its inability to maintain relationships with key universities and organizations [5]. - As a result of these failures, certain degree programs and partnerships either did not materialize or were cancelled [5]. - The Company's transition to a platform model is claimed to have led to a decrease in full course equivalent enrollments [5]. - Consequently, the Company is accused of overstating the stability and longevity of its contractual agreements and revenue sources [5]. - Defendants' positive statements regarding the Company's business, operations, and prospects are alleged to be materially misleading and lacking a reasonable basis [5]. Group 2: Class Action Details - The Class Period for the lawsuit is defined as February 9, 2022, to February 12, 2024 [6]. - The deadline for lead plaintiffs to file is set for August 12, 2024 [6].