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Haping et al v. 17 Education & Technology Group Inc. et al
Case Number:
1:22-cv-09843
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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November 08, 2023
Judge Tosses Investor Suit Over Private Tutoring Ban In China
A New York federal judge on Wednesday adopted a recommendation to toss a suit from investors in a China-based private education company over the country's 2021 ban on private tutoring, ruling that the investors were adequately warned of such regulatory risks.
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July 21, 2023
Judge Says Investor Suit Over China Reform Should Be Axed
A federal magistrate judge has recommended the dismissal of a shareholder suit against a private education company in China after Chinese authorities effectively shut down private tutors through education reforms in 2021, saying the company properly warned investors about the risks of Chinese regulations.