SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Securities Fraud V...
January 04 2016 - 3:48PM
Business Wire
Levi & Korsinsky, LLP announces that it has commenced an
investigation of GoPro, Inc. (“GoPro” or the “Company”)
(NASDAQ:GPRO) concerning possible violations of federal securities
laws by certain officers and directors.
On October 28, 2015, GoPro issued a press release announcing
disappointing third quarter 2015 results, including a revenue of
$400 million—far below the Company’s guidance of $430-$445 million.
During an earnings call held the same day, GoPro CEO Nick Woodman
attributed the Company’s poor performance, in part, to weak sales
related to the Company’s HERO4 Session camera. Upon this news,
shares of GoPro fell more than 15 percent the following day. To
obtain additional information about the investigation, go
to:
http://zlk.9nl.com/gopro-gpro
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160104006434/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.30 Broad
Street - 24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free:
(877) 363-5972Fax: (212) 363-7171www.zlk.com
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