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Marketwired - Class Action

Marketwired - Class Action

Last Build Date: Tue, 29 Nov 2016 17:01:21 EST

Copyright: Copyright: (C) Marketwired

Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against GoPro, Inc.

Tue, 29 Nov 2016 16:09:05 EST

OKLAHOMA CITY, OK--(Marketwired - Nov 29, 2016) - On November 16, 2016, a class action lawsuit was filed in the United States District Court for the Northern District of California against GoPro, Inc. (NASDAQ: GPRO). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is September 19, 2016 through November 4, 2016.