NEW YORK, Feb. 23, 2016 /PRNewswire/ -- 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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SOURCE The Law Offices of Vincent
Wong