Inko Chinese company fraud ??

[sri_india]

TAL Education Group Discovered Employee Wrongdoing

 

 

BEIJING, April 7, 2020 /PRNewswire/ -- TAL Education Group (NYSE: TAL) ("TAL" or the "Company"), a leading K-12 after-school tutoring services provider in China, today announced certain employee wrongdoing discovered in the Company's routine internal auditing process.  TAL discovered irregularities and violations of the Company's business conduct and internal control policies by an employee in the Company's newly introduced "Light Class" business. Upon such discovery, TAL immediately reported to the local police. The employee has been taken into custody by the local police.  

Based upon the Company's routine internal audit, the Company suspects that the employee of question conspired with external vendors to wrongly inflate "Light Class" sales by forging contracts and other documentations.  For the fiscal year 2020 ended February 29, 2020, "Light Class" sales accounted for approximately 3% to 4% of the Company's total estimated revenues.  

TAL highly values the integrity of business practices and the ethics of employee conducts, having zero tolerance of any illegal act.  The Company has always been and will remain committed to maintaining high standards of corporate governance, as well as transparent and timely disclosure in compliance with the applicable rules and regulations of the Securities and Exchange Commission and the New York Stock Exchange.

About TAL Education Group

TAL Education Group is a leading K-12 after-school tutoring services provider in China. The acronym "TAL" stands for "Tomorrow Advancing Life", which reflects our vision to promote top learning opportunities for Chinese students through both high-quality teaching and content, as well as leading edge application of technology in the education experience. TAL Education Group offers comprehensive tutoring services to students from pre-school to the twelfth grade through three flexible class formats: small classes, personalized premium services, and online courses. Our tutoring services cover the core academic subjects in China's school curriculum as well as competence oriented programs. The Company's learning center network currently covers 69 key cities in China.

We also operate www.jzb.com, a leading online education platform in China. Our ADSs trade on the New York Stock Exchange under the symbol "TAL".

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about TAL's beliefs and expectations, are forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and TAL does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For further information, please contact:

Echo Yan
Investor Relations
TAL Education Group
Tel: +86 10 5292 6658
Email: [email protected]

Caroline Straathof
IR Inside
Tel: +31 6 5462 4301
Email: [email protected] 

 

[sri_india]

inko company kuda under scanner , mee mohal mandaaa chinki gallaraaa

 

SHAREHOLDER ALERT: Investigation of iQIYI Announced by Holzer & Holzer, LLC

 

Holzer & Holzer, LLC is investigating whether iQIYI, Inc. ("iQIYI" or the "Company") (NASDAQ: IQ) complied with federal securities laws. On April 7, 2020, Wolfpack Research published a report outlining its belief that iQIYI materially overstated its 2019 revenue. The price of iQIYI’s stock fell following the announcement.

If you purchased shares of iQIYI and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at [email protected] or Luke R. Kennedy at [email protected], or at www.holzerlaw.com to discuss your legal rights.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200407005777/en/

Contacts

Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]

 

 

 

 

[sri_india]

chinki companies equities buy chesevalla jara susukondi 

[Gentle_Boy]

Lu-ckin coffee stocks also suspended for 30 days ..starting today...

Donga lenj#^#&#*# ....chinki gaalu

[AndhraneedSCS]

China Companies, Valla GDP figures, Manufacturing, valla Virus information antha inflated/deflated. 

 

They announce anything but truth to the world.

 

Looks like most untrusty people 

 

[user789]

2 minutes ago, AndhraneedSCS said:

China Companies, Valla GDP figures, Manufacturing, valla Virus information antha inflated/deflated. 

 

They announce anything but truth to the world.

 

Looks like most untrusty people 

 

@Catabolite comments pls

[xano917]

Current Chinese culture is to win doesn’t matter how you win . 

check reddit for college cheating in US colleges 

[sri_india]

Just now, xano917 said:

Current Chinese culture is to win doesn’t matter how you win . 

check reddit for college cheating in US colleges 

links please

[xano917]

8 minutes ago, sri_india said:

links please

 

google reddit Chinese students cheat in