NEW YORK, NY / ACCESSWIRE / March 8, 2017 / The Pawar Law Group announces a class action lawsuit on behalf of Pearson plc (NYSE: PSO) investors who purchased Pearson stock between January 21, 2016 and January 17, 2017, inclusive (the "Class Period"). The suit is for recovery of investor losses.

To participate in this class action lawsuit, visit the firm's website at http://pawarlawgroup.com/cases/pearson-plc/ or email Vik Pawar, Esq. at vik@pawarlawgroup.com or call toll free at (866) 999-0873.

No class has been certified in the above action yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the complaint defendants during the Class Period made overly optimistic projections for 2017 and 2018 regarding its U.S. education business when, in reality, students were not likely to purchase Pearson's products when more affordable alternatives were available. On January 18, 2017, Pearson revealed that it no longer expected to achieve its operative profit guidance for 2018 as a result of "[t]he North American higher education courseware market being much weaker than expected" and that Pearson would "rebase" its dividend "from 2017 onwards." Following this news, shares of Pearson fell approximately 29% to close at $7.13 per share on January 18, 2017, damaging investors.

If you wish to serve as lead plaintiff, you must move the Court no later than April 25, 2017. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You may join the case here: http://pawarlawgroup.com/cases/pearson-plc/ or email Vik Pawar, Esq. at vik@pawarlawgroup.com.

Contact:

Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (212) 571-0805
Fax: (212) 571-0938
vik@pawarlawgroup.com

SOURCE: Pawar Law Group