DEADLINE ALERT: Khang & Khang LLP Announces The Filing Of A Securities Class Action Lawsuit Against GoPro, Inc. And Encourage...
February 04 2016 - 5:16PM
Business Wire
Khang & Khang LLP (the “Firm”) 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,
inclusive (the “Class Period”) are encouraged to contact the Firm
prior to the March 14, 2016 lead plaintiff motion deadline.
If you purchased shares of GoPro during the Class Period, please
contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von
Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive 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.
If you purchased shares of GoPro during the Class Period, you
have until March 14, 2016 to ask the Court to appoint you as lead
plaintiff. If you wish to learn more about this lawsuit,
or if you have any questions concerning this notice or your rights,
please contact Joon M. Khang, a prominent litigator for almost two
decades, by telephone: (949) 419-3834, or by email at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20160204006636/en/
KHANG & KHANG LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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