Pomerantz LLP Appointed Lead Counsel in 2U, Inc. Securities Litigation

On June 3, 2020, Pomerantz LLP was appointed Lead Counsel in an action against 2U, Inc., concerning false positive statements the company made that failed to disclose the increasing competition the company faced in online education, program-specific setbacks, and the collapse of the sustainability of its business model, while it continually vacillated on its revenue guidance.