2022-06-20 | NYSE:FHS | Press Launch

New York, New York–(Newsfile Corp. – June 20, 2022) – Levi & Korsinsky, LLP notifies traders in First Excessive-Faculty Training Group Co., Ltd. (“FHS” or the “Firm”) (NYSE: FHS) of a category motion securities lawsuit.

The lawsuit on behalf of FHS traders has been commenced in the US District Courtroom for the Southern District of New York. This lawsuit is on behalf of all individuals or entities who bought FHS American Depositary Shares in or traceable to the Firm’s March 2021 preliminary public providing. Comply with the hyperlink under to get extra info and be contacted by a member of our staff:

First High-School Education Group Co., Ltd. Loss Submission Form

or contact Joseph E. Levi, Esq. both through e mail at [email protected] or by phone at (212) 363-7500. There isn’t any value or obligation to you.

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First Excessive-Faculty Training Group Co., Ltd. NEWS – FHS NEWS

CASE DETAILS: The filed grievance alleges that the defendants made false statements and/or hid that: (a) the brand new guidelines, rules and insurance policies to be carried out by the Chinese language authorities following the Two Classes parliamentary conferences had been much more extreme than represented to traders and posed a cloth hostile risk to the Firm and its enterprise; (b) contemplated Chinese language rules and guidelines concerning non-public training had been resulting in a slowdown of presidency approval to open new instructional services which might have a damaging impact on FHS’s enrollment and progress; and (c) in consequence, representations made in reference to the Firm’s preliminary public providing concerning FHS’s historic monetary and operational metrics and purported market alternatives didn’t precisely replicate the precise enterprise, operations, and monetary outcomes and trajectory of the Firm on the time of the preliminary public providing, and had been materially false and deceptive and lacked a factual foundation.

WHAT THIS MEANS TO SHAREHOLDERS: For those who suffered a loss in FHS through the related timeframe, you have got till July 11, 2022 to request that the Courtroom appoint you as lead plaintiff. Your capacity to share in any restoration would not require that you just function a lead plaintiff.

NO COST TO YOU: In case you are a category member, you could be entitled to compensation with out fee of any out-of-pocket prices or charges. Focus on your rights with our authorized staff with out value or obligation.

PROTECT YOUR FINANCIAL INTERESTS: Full this temporary submission type https://www.zlk.com/pslra-1/first-high-school-education-group-co-ltd-loss-submission-form?prid=28832&wire=5 or name 212-363- 7500 to debate the case.

WHY LEVI & KORSINSKY: Over the previous 20 years, the staff at Levi & Korsinsky has secured lots of of thousands and thousands of {dollars} for aggrieved shareholders and constructed a observe file of successful high-stakes circumstances. Our agency has intensive experience representing traders in complicated securities litigation and a staff of over 70 workers to serve our shoppers. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Motion Companies’ Prime 50 Report as one of many prime securities litigation companies in the US.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

55 Broadway, tenth Flooring

New York, NY 10006

[email protected]

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

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