Trending...
- California: Governor Newsom signs new law to protect workers, require disclosures on AI-generated advertising - 149
- California: Governor Newsom signs legislation 9.14.2026 - 137
- California: Governor Newsom expands film and TV tax credits with new legislation, creates tax credit to support post-production jobs - 101
LOS ANGELES, Nov. 26, 2021 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Zhangmen Education Inc. ("Zhangmen" or "the Company") (NYSE: ZME) for violations of the federal securities laws.
Investors who purchased the Company's shares pursuant and/or traceable to the Company's initial public offering conducted on June 8, 2021 (the "IPO"), are encouraged to contact the firm before January 18, 2022.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
More on The Californer
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Zhangmen was the subject of the Chinese government's largescale reform of the private education market which include prohibitions on profit-making and raising capital. The known risks and uncertainties were likely to have a material negative impact on the Company's future prospects. Based on these facts, the Company's public statements and IPO documents were false and materially misleading throughout the IPO period. When the market learned the truth about Zhangmen, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE The Schall Law Firm
Investors who purchased the Company's shares pursuant and/or traceable to the Company's initial public offering conducted on June 8, 2021 (the "IPO"), are encouraged to contact the firm before January 18, 2022.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
More on The Californer
- California: Governor Newsom signs bills as Los Angeles readies for 2028 Olympic and Paralympic Games
- Governor Gavin Newsom signs legislation to accelerate California's EV future, expand consumer choice, and strengthen energy independence
- Best Dodge Lemon Law Attorney in Los Angeles County
- Care En Route Launches Location-Aware Booking For Mobile Healthcare Practices
- What they are saying: California leaders praise Governor Newsom's democracy defending action ahead of November elections
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Zhangmen was the subject of the Chinese government's largescale reform of the private education market which include prohibitions on profit-making and raising capital. The known risks and uncertainties were likely to have a material negative impact on the Company's future prospects. Based on these facts, the Company's public statements and IPO documents were false and materially misleading throughout the IPO period. When the market learned the truth about Zhangmen, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE The Schall Law Firm
Filed Under: Business
0 Comments
Latest on The Californer
- KayeDinero Writes Python. Does That Make Her an AI Artist? "C'mon Nah."
- Governor Newsom signs new laws to protect California elections from Trump interference
- Governor Newsom signs bill to protect California's sovereignty and guard against unauthorized military deployments
- Vydhai Launches AI Visibility Service for Dental Practices in ChatGPT, Google AI & Perplexity
- 11th Edition of Tomorrow's Filmmakers Today fellowship at 18th Annual Hola Mexico Film Festival
- California: Governor Newsom issues legislative update 9.18.26
- California: Governor Newsom announces appointments 9.18.2026
- Rentacomputer.com Highlights On-Stage Teleprompter Rentals for Lyrics, Scripts, and Cues
- Treo expands global distribution across 17+ streaming FAST and connected TV platforms
- California: Governor Newsom announces Judicial Appointments 9.18.2026
- Mystery Enterprises Receives Federal Trademark Registration for Automated Murder Mystery Game Format
- Matt Zavala of Zavala Law, PC Selected to the 2027 Super Lawyers List
- Sawgrass Ford President Attributes Dealerships Success to Long-Term Employees
- Attn: Art Editors and Art Critics: At a Multimillion dollar Art Auction, does the Second-place Bidder breathe a Sigh of Relief or a Sigh of Regret?
- Governor Newsom proclaims California POW/MIA Recognition Day
- Cal State LA Professor Stephen Rothman's 'Effortless Perfection' earns festival recognition
- Nationwide Boiler Appoints John McDonough As Chief Operating Officer
- Senior Travel Deal Of The Week: 16-Day Morocco Adventure Drops From $4,295 To $995
- Ragin' Cajun Announces New Cheeseburger Seasoning on National Cheeseburger Day
- Warrant Activity, AVERSA™ Progress and a Potentially Transformative Fall Take Center Stage: Nutriband Inc. (N A S D A Q: NTRB)