Cases
Gogo, Inc. (GOGO)
Securities Class Action
Overview
Overview
- Date:
- 11/2/2018
- Company Name:
- Gogo, Inc.
- Stock Symbol:
- GOGO
- Status:
- Closed/Complete
NEW YORK, November 2, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of Gogo, Inc. (NASDAQ: GOGO).
On June 27, 2018, a complaint was filed alleging that between February 27, 2017 and May 7, 2018, defendants made false and/or misleading statements and/or failed to disclose that: (1) Gogo’s 2Ku antenna had more reliability issues than the public was led to believe; (2) Gogo’s 2Ku antennas required costly installation and remediation challenges or required replacement due to deicing fluids from planes infiltrating the 2Ku system as well as manufacturing and software issues; (3) consequently, Gogo would not be able to meet its previously issued 2018 guidance; and (4) as a result, the company’s financial statements were materially false and misleading at all relevant times.
If you are a long term stockholder of Gogo, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
On June 27, 2018, a complaint was filed alleging that between February 27, 2017 and May 7, 2018, defendants made false and/or misleading statements and/or failed to disclose that: (1) Gogo’s 2Ku antenna had more reliability issues than the public was led to believe; (2) Gogo’s 2Ku antennas required costly installation and remediation challenges or required replacement due to deicing fluids from planes infiltrating the 2Ku system as well as manufacturing and software issues; (3) consequently, Gogo would not be able to meet its previously issued 2018 guidance; and (4) as a result, the company’s financial statements were materially false and misleading at all relevant times.
If you are a long term stockholder of Gogo, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.