NEW YORK, April 25, 2016 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a securities class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of GoPro, Inc. (NASDAQ: GPRO). On October 28, 2015, GoPro released disappointing third quarter 2015 results, including revenue of $400 million, much lower than the Company's guidance of $430-$445 million. Then on January 13, 2016, GoPro announced preliminary fourth quarter 2015 revenues of $435 million, far below the Company's guidance of $500-$550 million. GoPro's stock price dropped from a close of $30.21 on October 28, 2015 to a close of $14.61 on January 13, 2016.
If you are a shareholder of GoPro and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:
You may also contact Robert H. Lefkowitz, Esq. either via email at [email protected] or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.
Purcell Julie Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE Purcell Julie & Lefkowitz LLP