INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of GoPro, Inc. Investors
November 09 2016 - 5:55PM
Business Wire
Law Offices of Howard G. Smith announces an investigation
on behalf of investors of GoPro, Inc. (“GoPro” or the “Company”)
(NASDAQ: GPRO) concerning the Company and its officers’ possible
violations of federal securities laws.
GoPro develops and sells mountable and wearable cameras, and
accessories in the United States and internationally.
On November 8, 2016, after market close, GoPro announced that it
was recalling all of its Karma drones. According to the Company,
the drones were recalled due to instances where “units lost power
during operation.” The Karma drones had only just been released on
October 23, 2016 and the Company expressed hope that they would be
a popular seller during the Holiday shopping season. Notably, the
Company also announced disappointing third-quarter 2016 financial
results on November 4, 2016.
On this news, shares of GoPro were down as much as 10% during
intra-day trading on November 9, 2016.
If you purchased GoPro securities, have information or would
like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Howard G. Smith, Esquire,
of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
toll-free at (888) 638-4847, or by email
to howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20161109006384/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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