An investigation for investors in NASDAQ:TEDU shares was announced over potential breaches of fiduciary duties by certain directors at Tarena International Inc.
Investors who purchased shares of Tarena International Inc(ADR) (NASDAQ:TEDU) and currently hold any of those NASDAQ:TEDU shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Tarena International directors breached their fiduciary duties.
Tarena International Inc reported that its annual Total Revenue rose from $25.74 million in 2011 to $136.20 million in 2014 and that its Net Income increased from $0.70 million in 2011 to $24.69 million in 2014.
Shares of Tarena International Inc(ADR) (NASDAQ:TEDU) closed on March 16, 2016, at $10.62 per share.
Those who purchased NASDAQ:TEDU shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com