Robbins arroyo llp is investigating the officers and directors of
gopro, inc. (gpro) on behalf of shareholders
San diego & san mateo, calif.--(business wire)--shareholder rights law firm robbins arroyo llp is investigating whether certain officers and directors of gopro, inc. (nasdaqgs: gpro) violated federal securities laws by issuing materially misleading business information to the investing public related to the company's november 19, 2014 secondary public offering ("spo"). gopro is a camera company that develops hardware and software solutions associated with capturing, managing, sharing, and enjoying engaging content. view this press release on the law firm's shareholder rights blog: www.robbinsarroyo.com/shareholders-rights-blog/gopro-inc-feb-2016 gopro stock declines after it issues secondary offering in june 2014, gopro commenced an initial public offering ("ipo") and issued approximately 17.8 million shares of stock at $24 per share. on november 19, 2014, gopro commenced a follow on offering. in this follow-on offering, gopro sold 1.2 million shares, while insiders at the company sold over 9 million shares, at a price of $75 per share. gopro's stock has fallen precipitously since the follow-on offering and now trades below $10.00 per share. if you purchased stock in this follow-on offering and who would like more information your rights and potential remedies, please contact attorney darnell r. donahue at (800) 350-6003, ddonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website. robbins arroyo llp is a nationally recognized leader in shareholder rights law. the firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. attorney advertising. past results do not guarantee a similar outcome.
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