INVESTOR ALERT: The Law Offices of Vincent Wong Notify Investors of Class Action Concerning GoPro, Inc. & a Lead Plaintiff De...
February 10 2016 - 2:18PM
Business Wire
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 BroadwaySuite 304New York, NY
10002Tel. 212.425.1140Fax. 866.699.3880E-Mail: vw@wongesq.com
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version on businesswire.com: http://www.businesswire.com/news/home/20160210006388/en/
Law Offices of Vincent WongVincent Wong,
Esq.212.425.1140vw@wongesq.com
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