Law Offices of Frank R. Cruz Encourages China Liberal Education Holdings Limited (CLEUF) Shareholders To Inquire About Securities Fraud Class Action
Businesswire·2026-02-09 17:08

Core Viewpoint - A class action lawsuit has been filed against China Liberal Education Holdings Limited (CLEU) due to allegations of securities fraud during a specific class period, with significant financial losses reported by investors [1][5]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of shareholders who acquired CLEU securities between January 22, 2025, and January 30, 2025, with a deadline for filing a lead plaintiff motion set for March 31, 2026 [1]. - The lawsuit alleges that CLEU made materially false and misleading statements and failed to disclose adverse facts about its business and operations, including involvement in a pump-and-dump scam [5]. Group 2: Financial Impact - On January 29, 2025, CLEU reported 240,000,000 previously undisclosed exchanged shares, leading to a drastic stock price drop from $7.75 to $0.148 per share, representing a 98.1% loss [3]. - Following these events, CLEU was delisted by NASDAQ in June 2025 [4].

Law Offices of Frank R. Cruz Encourages China Liberal Education Holdings Limited (CLEUF) Shareholders To Inquire About Securities Fraud Class Action - Reportify