August 25, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Tarena International Inc(ADR) (NASDAQ:TEDU) shares over potential securities laws violations by Tarena International Inc and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Tarena International Inc(ADR) (NASDAQ:TEDU) concerning whether a series of statements by Tarena International regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Tarena International Inc reported that its annual Total Revenue rose from $25.74 million in 2011 to $136.20 million in 2014 and that its respective Net Income increased from $0.7 million to $24.69 million.

On August 18, 2015, Tarena International Inc issued a press release announcing its second quarter fiscal 2015 financial results, missing EPS expectations by $0.04 and revenue expectations by $0.16M. Tarena International Inc downgraded its revenue expectations for Q3 2015, a range of $52.5-53.5M versus consensus of $56.54M, and for FY 2015, a range of $172.0-$177.5 versus consensus of $183.16M.

Shares of Tarena International Inc(ADR) (NASDAQ:TEDU) declined to as low as $8.36 per share on August 19, 2015.