TWOU Investors Have the Opportunity to Lead 2U, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been filed against 2U, Inc. for alleged violations of securities laws, claiming the company made false and misleading statements that led to investor losses [1][9]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased 2U's securities between February 9, 2022, and February 12, 2024, are encouraged to contact the Schall Law Firm before August 12, 2024 [4]. - The class has not yet been certified, meaning potential class members are not currently represented by an attorney [6]. Group 2: Allegations Against 2U - The complaint alleges that 2U failed to maintain relationships with key universities and organizations, resulting in the cancellation of degree programs and partnerships [9]. - The transition to a new platform led to a decrease in full course enrollments, contributing to the misleading public statements made by the company [9]. - Investors suffered damages when the truth about 2U's situation became known to the market [9].