May 22, 2025
A California federal judge on Wednesday gave his blessing to a $55 million settlement resolving investor claims that educational technology company Chegg Inc. falsely attributed its "dramatic growth" during the COVID-19 pandemic to its sustainable business model, rather than to students using the platform to cheat.
June 13, 2024
Delaware's Court of Chancery has issued a failing grade to a stockholder of online book and study aid giant Chegg Inc. who accused the company of operating as a cheating service for students, dismissing the case for lack of supporting facts.
March 05, 2024
A California federal judge said online education company Chegg Inc. must face a proposed class action alleging its share prices benefited from students using the platform to cheat during the COVID-19 pandemic, saying the investors sufficiently show the defendants knew share prices would fall when online schooling became less prevalent.
April 28, 2023
Investors in a securities fraud class action against online education company Chegg Inc. are urging a California federal judge not to toss their lawsuit alleging that the company's stock price became inflated due to students using the platform to cheat during the COVID-19 pandemic.
September 08, 2022
Motley Rice LLC and Saxena White PA were appointed lead counsel in a securities fraud class action against online education company Chegg Inc. after accusing Robbins Geller Rudman & Dowd LLP of undermining its own client in order to win the lead position for itself.