Shareholders that lost money on 2U, Inc.(TWOU) should contact The Gross Law Firm about pending Class Action - TWOU

Core Viewpoint - The article discusses a class action lawsuit against 2U, Inc. (NASDAQ: TWOU) alleging that the company made materially false and misleading statements regarding its business operations and partnerships, which led to investor losses during the specified class period [2][4]. Group 1: Allegations - The complaint claims that 2U, Inc. was unable to maintain relationships with key universities and organizations, resulting in the cancellation or failure of certain degree programs and partnerships [2]. - It is alleged that the company's transition to a platform model would result in a decrease in full course equivalent enrollments [2]. - The lawsuit asserts that 2U overstated the stability and longevity of its contractual agreements and revenue sources, leading to misleading positive statements about its business prospects [2]. Group 2: Shareholder Actions - Shareholders who purchased shares of TWOU during the class period from February 9, 2022, to February 12, 2024, are encouraged to register for potential lead plaintiff appointment, with a deadline set for August 12, 2024 [3][5]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case's status [3].