NEW
YORK, June 29, 2022 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of First
High-School Education Group Co., Ltd..
Shareholders who purchased shares of FHS during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/first-high-school-education-group-co-ltd-loss-submission-form/?id=29274&from=4
CLASS PERIOD: This lawsuit is on behalf of all persons or
entities who purchased FHS American Depositary Shares in or
traceable to the Company's March 2021
initial public offering.
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (a) the new rules,
regulations and policies to be implemented by the Chinese
government following the Two Sessions parliamentary meetings were
far more severe than represented to investors and posed a material
adverse threat to the Company and its business; (b) contemplated
Chinese regulations and rules regarding private education were
leading to a slowdown of government approval to open new
educational facilities which would have a negative effect on FHS's
enrollment and growth; and (c) as a result, representations
made in connection with the Company's initial public offering
regarding FHS's historical financial and operational metrics and
purported market opportunities did not accurately reflect the
actual business, operations, and financial results and trajectory
of the Company at the time of the initial public offering, and were
materially false and misleading and lacked a factual basis.
DEADLINE: July 11, 2022
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/first-high-school-education-group-co-ltd-loss-submission-form/?id=29274&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of FHS during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is July 11, 2022. There is no cost or obligation to
you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
