Lost Money on 2U, Inc. (TWOU)? Join Class Action Suit Seeking Recovery

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 during the class period from February 9, 2022, to February 12, 2024 [1][2]. Summary by Relevant Sections 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]. - It is claimed that the transition to a platform company 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 Action Details - Shareholders who purchased shares of 2U, Inc. during the specified class period are encouraged to register for the class action, with a deadline set for August 12, 2024 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [3]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [4].