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Article Date: January 2018
Word Count: 147

GoPro Faces Shareholder Suit

Following Monday’s surprise announcement that GoPro is shuttering its Karma drone division and would badly miss Q4 sales and profit estimates, The Rosen Law Firm and lead plaintiff Jong Min Park filed a shareholder class action against the company. The suit alleges that CEO Nick Woodman and CFO Brian McGee, who were also named individually as defendants, made materially false and misleading statements on the Q3 conference call on Nov. 1, including saying ... Log in to view full article.


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