{"id":60954,"date":"2022-02-02T16:24:34","date_gmt":"2022-02-02T16:24:34","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=86338"},"modified":"2022-02-02T16:24:34","modified_gmt":"2022-02-02T16:24:34","slug":"chgg-investor-notice-rosen-a-globally-recognized-firm-encourages-chegg-inc-investors-with-losses-to-secure-counsel-before-important-deadline-in-securities-class-action-chgg","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/chgg-investor-notice-rosen-a-globally-recognized-firm-encourages-chegg-inc-investors-with-losses-to-secure-counsel-before-important-deadline-in-securities-class-action-chgg\/","title":{"rendered":"CHGG INVESTOR NOTICE: ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Chegg, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action \u2013 CHGG"},"content":{"rendered":"

NEW YORK, Feb. 02, 2022 (GLOBE NEWSWIRE) —\u00a0WHY:\u00a0<\/strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Chegg, Inc. (NYSE: CHGG) between May 5, 2020 and November 1, 2021, inclusive (the \u201cClass Period\u201d), of the\u00a0February 22, 2022 lead plaintiff deadline<\/strong>.<\/p>\n

SO WHAT:<\/strong>\u00a0If you purchased Chegg securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT:\u00a0<\/strong>To join the Chegg class action, go to\u00a0http:\/\/www.rosenlegal.com\/cases-register-2232.html<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than February 22, 2022<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW:\u00a0<\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE:\u00a0<\/strong>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Chegg\u2019s increase in subscribers, growth, and revenue had been a temporary effect of the COVID-19 pandemic that resulted in remote education for the vast majority of United States students and once the pandemic-related restrictions eased and students returned to campuses nationwide, Chegg\u2019s extraordinary growth trends would end; (2) Chegg\u2019s subscriber and revenue growth were largely due to the facilitation of remote education cheating \u2013 an unstable business proposition \u2013 rather than the strength of its business model or the acumen of its senior executives and directors; and (3) as a result, Chegg\u2019s current business metrics and financial prospects were not as strong as it had led the market to believe during the Class Period. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the Chegg class action, go to\u00a0http:\/\/www.rosenlegal.com\/cases-register-2232.html<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn:\u00a0https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter:\u00a0https:\/\/twitter.com\/rosen_firm<\/a>\u00a0or on Facebook:\u00a0https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Feb. 02, 2022 (GLOBE NEWSWIRE) \u2014\u00a0WHY:\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Chegg, Inc. (NYSE: CHGG) between May 5, 2020 and November 1, 2021, inclusive (the \u201cClass Period\u201d), of the\u00a0February 22, 2022 lead plaintiff deadline. SO WHAT:\u00a0If you purchased Chegg securities during the Class Period [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"yoast_head":"\nCHGG INVESTOR NOTICE: ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Chegg, Inc. 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