NEW YORK--(BUSINESS WIRE)--
Bragar Eagel & Squire, P.C. is investigating potential claims against RYB Education, Inc. (NYSE: RYB). Our investigation concerns whether RYB has violated the federal securities laws and/or engaged in other unlawful business practices.
On November 24, 2017, several news outlets reported that Beijing police were investigating claims of child abuse at a kindergarten run by RYB in Beijing’s Chaoyang district. The state-run Xinhua news agency reported they were checking allegations that children were “reportedly sexually molested, pierced by needles and given unidentified pills”. Following this news, the price of RYB ADRs fell $10.28 per share, or over 38%, to close at $16.45 per share on November 24, 2017.
If you purchased or otherwise acquired shares of RYB and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into RYB Education, Inc. please go to http://www.bespc.com/RYB. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
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