What Happened?
On January 29, 2025, CLEU filed a Change in Shares Outstanding form with NASDAQ, reporting 240,000,000 previously undisclosed Exchanged Shares. This caused CLEU’s stock price to plunge from a closing price of $7.75 the previous day to $0.148 per share, a 98.1% loss.
Investors soon learned that certain financial advisors in WhatsApp groups were, in reality, criminal scammers, and that the information they had been provided regarding the Company was false, misleading, and unreliable.
In June 2025, CLEU was delisted by NASDAQ.
What Is The Lawsuit About?
If you purchased or otherwise acquired CLEU securities during the Class Period, you may move the Court no later than March 31, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260213853275/en/
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