SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First High-School Education Group Co., Ltd. - FHS

NEW YORK, July 09, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of First High-School Education Group Co., Ltd. (or the "Company") (NYSE: FHS). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether FHS and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On or around March 11, 2021, FHS conducted its initial public offering ("IPO") of 7.5 million American Depositary Shares ("ADSs") priced at $10.00 per share. Soon after the IPO, media reports stated that Chinese policymakers had proposed stricter regulations to rein in the for-profit education industry, such as regulations aimed at enhancing teacher quality, limiting fee scams, reducing market abuse, and reducing the stress that for-profit educational companies had placed on students in the Chinese educational system. On May 12, 2021, news reports revealed that the impending ... Full story available on Benzinga.com