LOS ANGELES, Sept. 12, 2022 (GLOBE NEWSWIRE) — The law office of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders in the following public companies. Investors have until the deadlines listed below to file a lead plaintiff filing.

Investors who experience losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email at [email protected].

Missfresh Limited MF
Class Period: June 20, 2021 – July 12, 2022
Deadline for lead plaintiff: 09/12/2022

The complaint filed in this class action alleges that the defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, Defendants failed to disclose to investors that: (1) Missfresh reported false financials in its registration statement; (2) Missfresh would have to change its financial numbers; (3) Missfresh had, among other things, lower net income for the quarter ended March 31, 2021; and (4) as a result, the defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacking a reasonable basis at all relevant times.

17 Education & Technology Group Inc. YQ
Class Period: December 1, 2020 – July 18, 2022
Deadline for lead plaintiff: September 19, 2022

The complaint filed in this class action alleges that the defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, Defendants failed to disclose to investors that (1) Defendant 17EdTech’s K-12 Academic AST Services would end less than a year after the IPO; (2) as part of their ongoing regulatory efforts, the Chinese authorities would immediately restrict and/or terminate 17EdTech’s core business; and (3) as a result, …