IMPORTANT INVESTOR ALERT: Lundin Law PC Announces an Ongoing Investigation of GoPro, Inc. & Urges Investors with Losses in Ex...
January 29 2016 - 10:06PM
Business Wire
Lundin Law PC announces it is investigating claims against
GoPro, Inc. (“GoPro” or the “Company”) (Nasdaq: GPRO) concerning
possible violations of federal securities laws. The investigation
is related to allegations that certain statements issued by GoPro
were false and misleading and/or failed to disclose material
information regarding the Company’s financial performance.
To participate in this class action lawsuit, please contact
Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via
email at brian@lundinlawpc.com.
The investigation concerns whether the Company made 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.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
Lundin Law PC was created by Brian Lundin, a securities
litigator based in Los Angeles.
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/20160129006046/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlaw.com
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