SHAREHOLDER DEADLINE: Goldberg Law PC Announces Securities Class Action Lawsuit Against GoPro, Inc. & Encourages Investors Wi...
January 19 2016 - 2:45PM
Business Wire
Goldberg Law PC (www.Goldberglawpc.com) announces that a class
action lawsuit has been filed against GoPro, Inc. (“GoPro” or the
“Company”) (Nasdaq: GPRO). Investors who purchased or otherwise
acquired shares between July 21, 2015 and January 13, 2016, (the
“Class Period”), are encouraged to contact the firm in advance of
the March 14, 2016, lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class
Period, we advise you to contact Michael Goldberg or Brian Schall,
of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del
Rey, CA 90292, at 800-977-7401, to discuss your rights without cost
to you. You can also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the complaint, the Company issued materially false
and misleading statements to investors and/or failed to disclose
that: (1) GoPro was experiencing weak sales of its HERO line of
cameras; (2) GoPro was experiencing weak HERO4 Session sales at the
time the third quarter guidance was announced; (3) GoPro’s third
quarter 2015 guidance was based on the assumption that GoPro would
be able to sell a significant additional amount of HERO4 Session
cameras; and (4) GoPro’s third and fourth quarter 2015 guidance was
inflated and unrealistic.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160119006709/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.com
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