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Gogo Inc (NASDAQ:GOGO) Investor Investigation Concerning Potential Securities Laws Violations Announced

  • If you purchased shares of Gogo Inc (NASDAQ:GOGO), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Gogo Inc
Security
NASDAQ: GOGO

Summary

February 19, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Gogo Inc (NASDAQ:GOGO) shares over potential securities laws violations by Gogo Inc and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Gogo Inc (NASDAQ:GOGO) concerning whether a series of statements by Gogo regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Gogo Inc reported that its annual Total Revenue rose from $328.12 million in 2013 to $408.49 million in 2014 and that its Net Loss declined from $111.29 million in 2013 to $84.54 million in 2014.

On February 16, 2016, it was announced that American Airlines is suing Gogo Inc in connection with the wifi service on its airplanes.

Shares of Gogo Inc (NASDAQ:GOGO) declined to as low as $7.90 per share on February 16, 2016.

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