China Education Alliance listed via reverse merger on the New York Stock Exchange (NYSE) in 2004. In November 2010, it was attacked by short-seller Kerrisdale Capital (KC) which believed the company was fabricating revenue and profit. This caused a collapse in the company share price. Immediately after the allegations where made, financial performance began to deteriorate, similar to many other companies accused of fraud. It went dark in November 2016 and was delisted by the SEC in June 2018. The company is a confirmed fraud.

Last updated November 2021

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