Core Viewpoint - A securities fraud class action lawsuit has been initiated against China Liberal Education Holdings Limited (CLEUF) for misleading investors during a specific class period, leading to significant financial losses for shareholders [1]. Group 1: Company Overview - China Liberal Education Holdings Limited (CLEUF) is facing legal action due to allegations of securities fraud, specifically related to undisclosed shares and misleading information provided to investors [1]. - The company reported 240 million previously undisclosed exchanged shares on January 29, 2025, resulting in a drastic stock price drop from $7.75 to $0.148 per share, marking a 98.1% loss [1]. Group 2: Legal Proceedings - The class action lawsuit claims that during the class period from January 22, 2025, to January 30, 2025, the defendants made materially false statements and failed to disclose adverse facts about the company's operations and prospects [1]. - Investors have until March 31, 2026, to file a lead plaintiff motion in this class action lawsuit [1].
Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm Encourages China Liberal Education Holdings Limited (CLEUF) Shareholders To Inquire About Securities Fraud Class Action