SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- The Class : Robbins LLP reminds investors that a shareholder filed a class action on behalf of all investors who purchased or otherwise acquired Gaotu Techedu Inc. (NYSE: GOTU) American depository shares ("ADSs") between March 5, 2021 and July 23, 2021, for violations of the Securities Exchange Act of 1934. Gaotu purports to be a technology-driven education company, providing online K-12 after-school tutoring services in the People's Republic of China. What Now : Similarly situated shareholders may be eligible to participate in the class action against Gaotu.