Saxena White Appointed Lead Counsel in Chegg, Inc. Securities Class Action

Saxena White P.A. is pleased to announce that on September 7, 2022, the United States District Court for the Northern District of California appointed Pompano Beach Police & Firefighters’ Retirement System and KBC Asset Management to serve as Lead Plaintiff and Saxena White P.A. as Lead Counsel in the securities fraud class action against Chegg, Inc. The action alleges that during the Class Period, Defendants made materially false and misleading statements and failed to disclose that the Company’s extraordinary subscriber and revenue growth was attributable to a temporary reliance on remote learning during the COVID-19 pandemic and the facilitation of cheating on its platform.