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Federman & Sherwood Investigates 2U, Inc. for Possible Violations of Federal Securities Laws

Oklahoma City, OK (August 6, 2019) – The law firm of Federman & Sherwood has initiated an investigation into 2U, Inc. [NASDAQ: TWOU] with respect to possible violations of federal securities laws.

2U, Inc. (“2U”) operates as an education technology company in the United States, Hong Kong, South Africa and the United Kingdom.  Federman & Sherwood’s investigation focuses on allegations that on July 30, 2019, after the close of trading, 2U disclosed its financial results for the quarter ended June 30, 2019.  The Company’s founder and Chief Executive Officer Christopher “Chip” Paucek stated “As we deliver our full portfolio of educational offerings to new and existing partners, we are also setting 2U on a defined path to profitability by tempering short-term growth projections and leveraging our scale to drive greater operational efficiencies across the business.”  On July 31, 2019, 2U shares declined $23.70 per share or approximately 65%, on over 50 times the average trading volume of 2U shares. 

If you purchased shares of common stock in 2U, Inc. prior to July 31, 2019, please complete the following Investor Certification. 


Plaintiff Certifies That:

The following information is true and correct to the best of my knowledge, information and belief:

1. I have reviewed the Complaint in this action and authorize the filing of this Certification as an exhibit to the Complaint, or any substantively similar complaint or amended complaint to be filed in the future. I retain the law office of Federman & Sherwood, and any other counsel with whom Federman & Sherwood deems appropriate to associate with, to pursue this action on my behalf on a contingency fee basis.

2. If chosen, I am willing to serve as a representative party on behalf of the class (the “Class”), either individually or as part of a group on behalf of the Class as defined in the Complaint, including providing testimony at deposition or trial (if necessary). I am also willing to participate on an executive committee of shareholders.

3. I made the following transaction(s) during the Class Period in 2U, Inc. (NASDAQ: TWOU) securities (which are the subject of this action) as follows:


4. I did not purchase these securities at the direction of my attorney or in order to participate in a lawsuit under the Securities Act of 1933 or the Securities Exchange Act of 1934.

5. During the 3-year period preceding the date of this Certification, I have not sought to serve, nor have I served, as a representative to any party or on behalf of any class in any action arising under the Securities Act of 1933 or the Securities Exchange Act of 1934.

6. I will not accept any payment if chosen to serve as a representative party on behalf of the Class beyond my pro rata share of an award to the Class, or as otherwise ordered and approved by the Court, except for such reasonable costs and expenses directly relating to my service as a representative of the Class and as ordered and approved by the Court.












By clicking on the button below, I intend to sign and execute this agreement and retain Federman & Sherwood to proceed on Plaintiff’s behalf on a contingency basis.

If you have any information to assist in our investigation, or have questions or concerns regarding this notice or your rights or interests in this matter, or you may contact William B. Federman (wbf@federmanlaw.com) with any questions you may have regarding this investigation.  Federman & Sherwood has extensive nationwide experience in representing investors in securities, derivative and merger-related shareholder class actions, and has been appointed as lead counsel in multiple complex cases across the country.

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