Class Action Filed Against 2U, Inc. (TWOU) - August 12, 2024 Deadline to Join - Contact The Gross Law Firm

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of 2U, Inc. regarding a class action lawsuit due to alleged misleading statements and failures to disclose critical information about the company's operations and partnerships [1][2]. Allegations - The complaint alleges that 2U, Inc. was unable to maintain relationships with key universities and organizations, leading to the cancellation or failure of certain degree programs and partnerships [2] - The transition to a platform company is claimed to have resulted in a decrease in full course equivalent enrollments [2] - The company allegedly overstated the stability and longevity of its contractual agreements and revenue sources, making positive statements about its business operations misleading [2] Class Period and Next Steps - The class period for the lawsuit is defined as February 9, 2022, to February 12, 2024 [5] - Shareholders who purchased shares during this period are encouraged to register for the class action and will be enrolled in a portfolio monitoring software for updates [5] - The deadline for seeking lead plaintiff status is August 12, 2024, with no cost or obligation to participate in the case [5]