NEW YORK, Oct. 22, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Tarena International, Inc.("Tarena" or the "Company") (NasdaqGS: TEDU -News). Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at [email protected] or 212-697-6484.
The investigation concerns whether Tarena and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On October 21, 2015, Seeking Alpha published an article on Tarena reporting, among other issues, that: (1) Tarena has a company-specific problem in collecting on tuition; (2) the inability of Tarena's students to access credit has caused the quality of the Tarena's financing partners to move from established banks to shadow banks; and (3) reviews by Tarena students report deceptive practices and false promises.
Following this news, shares of Tarena fell sharply during intraday trading on October 21, 2015, damaging investors.
If you are aware of any facts relating to this investigation, or purchased shares of Tarena, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC