CLEU INVESTOR NOTICE: Morris Kandinov LLP Announces Securities Class Action Involving CHINA LIBERAL EDUCATION HOLDINGS LTD. And The Deadline For Lead Plaintiff Applications
TMX Newsfile·2026-01-31 02:11

Core Viewpoint - A class action lawsuit has been filed against China Liberal Education Holdings, Ltd. for alleged securities fraud involving a "pump-and-dump" scheme that resulted in estimated losses exceeding $300 million [2][3]. Group 1: Lawsuit Details - The lawsuit, titled Atul Shah, et al. v. China Liberal Education Holdings Ltd., et al., was filed in the Southern District of New York and involves claims against the company's officers, directors, and associated service providers [1]. - The class period for the lawsuit is defined as January 22, 2025, to January 30, 2025, during which investors can seek appointment as lead plaintiff [1][3]. - The allegations include violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [1]. Group 2: Investor Participation - Investors who purchased or acquired common stock of CLEU during the class period are eligible to seek lead plaintiff status but are not required to do so to participate in any future recovery [3]. - The plaintiffs intend to apply for lead plaintiff status and seek the appointment of Morris Kandinov LLP as lead counsel [3]. Group 3: Financial Implications - The alleged "pump-and-dump" scheme is said to have caused losses estimated to exceed $300 million, indicating significant financial implications for investors involved [2].

CLEU INVESTOR NOTICE: Morris Kandinov LLP Announces Securities Class Action Involving CHINA LIBERAL EDUCATION HOLDINGS LTD. And The Deadline For Lead Plaintiff Applications - Reportify