EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of GoPro, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 12, 2018 – GPRO

NEW YORK, NY / ACCESSWIRE / February 28, 2018 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of GoPro, Inc. (“GoPro”) (NASDAQ: GPRO) between August 4, 2017 and January 5, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information, go to:

http://www.zlk.com/plsra-c/gopro-inc?wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that, throughout the Class Period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the market prospects for Karma were untenable due to margin challenges in an extremely competitive aerial market and a hostile regulatory environment in Europe and the United States; and (2) as a result, Defendants’ public statements were materially false and misleading at all relevant times. On January 8, 2018, GoPro announced it will reduce its global workforce by 20% and is exiting the drone market “after selling its remaining Karma inventory.”

If you suffered a loss in GoPro, you have until March 12, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 491222