Levi & Korsinsky notifies investors that it has commenced an investigation into Chegg, Inc. (NYSE: CHGG) concerning potential violations of the federal securities laws.
Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking “$481.5 million of non-cash impairment charges.” Following this news, the price of the Company’s stock dropped on August 5, 2024.
If you suffered a loss on your Chegg securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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