2U, Inc. Class Action Lawsuit - TWOU

The filed complaint alleges that 2U, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was unable to sustain relationships with key universities and organizations; (2) as a result, certain degree programs and partnerships failed to materialize or were cancelled; (3) the Company’s transition to a platform company would lead to a decrease in full course equivalent enrollments; (4) accordingly, the Company had overstated the stability and/or longevity of its contractual agreements and/or revenue sources; and (5) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

In order to be eligible to join the TWOU class action lawsuit, you must have incurred a loss on shares of 2U purchased during the class period listed above.

If you suffered a loss in 2U during the relevant time frame or pursuant to the relevant offering(s), you have until August 12, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.