SAN DIEGO, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential securities claims on behalf of shareholders of Gaotu Techedu Inc. ("Gaotu" or "the Company") (NYSE: GOTU), formerly GSX Techedu Inc. The investigation results from allegations that Gaotu/GSX may have issued materially misleading business information to the investing public.

In June 2019, GSX Techedu Inc. completed its IPO, selling 19.8 million ADSs at $10.50 per share.

If you lost money on your investment and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.

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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com

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