ATLANTA, GA – – (Globe Newswire – June 14, 2024) – – A shareholder class action lawsuit has been filed against 2U, Inc. (“2U” or the “Company”) (NASDAQ: TWOU). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information about the Company’s business, operations, and prospects, including allegations that: (1) 2U was unable to sustain relationships with key universities and organizations; (2) as a result, certain degree programs and partnerships failed to materialize or were cancelled; (3) 2U’s transition to a platform company would lead to a decrease in full course equivalent enrollments; and (4) accordingly, 2U had overstated the stability and/or longevity of its contractual agreements and/or revenue sources.

If you bought shares of 2U between February 9, 2022 and February 12, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/2u/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is August 12, 2024.