NEW YORK, Nov. 11, 2016 /PRNewswire/ -- Pomerantz LLP is
investigating claims on behalf of investors of GoPro, Inc. ("GoPro"
or the "Company") (NASDAQ: GPRO) (ISIN: US38268T1034). Investors
are advised to contact Robert S.
Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext.
9980.
The investigation concerns whether GoPro and certain of its
officers and/or directors have violated the federal securities
laws.
[Click here to join a class action]
On November 4, 2016, GoPro
announced disappointing third-quarter 2016 financial results.
On this news, the Company's stock fell $0.78, or 6.53%, to close at $11.16 on November
4, 2016. On November 8,
2016, GoPro announced a recall of all of the Company's Karma
drones, due to instances of "units los[ing] power during
operation."
On this news, GoPro stock fell $0.45, or 4.14%, to close at $10.41 on November 9,
2016.
The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los
Angeles, is acknowledged as one of the premier firms in the
areas of corporate, securities, and antitrust class litigation.
Founded by the late Abraham L.
Pomerantz, known as the dean of the class action bar, the
Pomerantz Firm pioneered the field of securities class actions.
Today, more than 80 years later, the Pomerantz Firm continues in
the tradition he established, fighting for the rights of the
victims of securities fraud, breaches of fiduciary duty, and
corporate misconduct. The Firm has recovered numerous
multimillion-dollar damages awards on behalf of class members. See
www.pomerantzlaw.com
CONTACT:
Robert S.
Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP