Law Offices of Howard G. Smith announces an investigation on behalf of investors of New Oriental Education & Technology Group Inc. (“New Oriental” or the “Company”) (NYSE: EDU) investors concerning the Company and its officers’ potential violation of federal securities laws.

On December 2, 2016, Reuters issued an article alleging that New Oriental has been accused of conducting college application fraud. According to the article, several former and current New Oriental employees "told Reuters the firms have engaged in college application fraud, including writing application essays and teacher recommendations, and falsifying high school transcripts." The American International Recruitment Council ("AIRC") issued a statement later that day announcing that it would conduct its own investigation in regards to the allegations put forth in the Reuters article. AIRC's president-elect called the report "highly concerning."

On this news, shares of New Oriental fell over 14% per share on December 2, 2016.

If you purchased New Oriental securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

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