2:23cv1769 • March 29, 2023
Class Period Start
January 13, 2022
Class Period End
June 12, 2023
PSLRA Deadline
May 30, 2023
Case Allegations
10b5
Statutes of Repose
Jan 13, 2025
Country
United States
Court
Federal Court
Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.
Claim Deadline
September 29, 2026
Settlement Fund
$14,100,000
Settlement Status
Preliminarily Approved
Settlement Class
All persons or entities that purchased or otherwise acquired the publicly-traded American Depositary Shares (“ADSs”) of TAL Education Group (“TAL” or “Defendant”) between January 14, 2022 and March 14, 2023, both dates inclusive (“Class Period”), and held your ADSs until at least March 14, 2023, you could get a payment from a class action settlement.
Claim Administrator
Strategic Claims Services
600 N. Jackson St., Ste. 205
P.O. Box 230
Media, PA 19063
+1 866-274-4004
[email protected]
Settlement Website
https://www.strategicclaims.net/case/tal/Hearing Date
October 29, 2026
Opt-out Deadline
October 15, 2026
Settlement Note
Download hereProof Of Claim
Download here
Apr 28, 2026
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
Apr 28, 2026
Apr 28, 2026
To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.
Feb 13, 2026
Motion for Preliminary Approval of Settlement
The parties have asked the court to give preliminary approval to a proposed settlement. The judge will review the request and decide whether the settlement can move forward to the next stage. If approved, potential class members will generally receive information about the settlement and their rights, including any deadlines for taking action.
Dec 17, 2024
Motion to Dismiss Denied in Part
The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.
Dec 15, 2023
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Oct 16, 2023
A new complaint has been filed on behalf of certain investors in TAL Education Group. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Aug 17, 2023
The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.
Mar 29, 2023
A securities fraud class action complaint has been filed on behalf of certain investors in TAL Education Group.
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