SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Investors of Class Action Concerning GoPro, Inc. and a Lead Plainti...
February 05 2016 - 2:19PM
The Law Offices of Vincent Wong announce that a class action
lawsuit has been commenced in the USDC for the Northern District of
California on behalf of investors who purchased GoPro, Inc.
(NASDAQ:GPRO) securities between July 21, 2015 and January 13,
2016.
Click here to learn about the case:
http://docs.wongesq.com/GPRO-Info-Request-Form-1072. There is no
cost or obligation to you.
On October 28, 2015, GoPro issued a press
release announcing disappointing third quarter 2015 results,
including 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. Then on January 13, 2016, GoPro announced a preliminary
fourth quarter 2015 revenue of $435 million, far below the
Company’s guidance of $500-$550 million. The Company also announced
a plan to reduce its workforce by approximately 7 percent and is
expected to incur approximately $5 to $10 million in restructuring
costs.
If you suffered a loss in GoPro you have
until March 14, 2016 to request that the Court appoint you
as lead plaintiff. Your ability to share in any recovery doesn’t
require that you serve as a lead plaintiff. To obtain additional
information, contact Vincent Wong, Esq. either via email
vw@wongesq.com, by telephone at 212.425.1140, or visit
http://docs.wongesq.com/GPRO-Info-Request-Form-1072.
Vincent Wong, Esq. is an experienced attorney
that has represented investors in securities litigation involving
financial fraud and violations of shareholder rights.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
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