Gaotu Techedu Inc. Loss Submission Form

Company: Gaotu Techedu Inc.

Ticker: (NYSE) GOTU

Deadline

Passed

Lead Plaintiff Deadline: December 20, 2021

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Allegations

Goldman Sachs and Morgan Stanley sold a large amount of Gaotu shares during the Class Period while in possession of material, non-public information about Archegos and its need to fully liquidate its position in the Company because of margin call pressure. As a result of these sales, Defendants Goldman Sachs and Morgan Stanley avoided billions in losses combined.