Gogo Inc. (GOGO)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Gogo Inc. (“Gogo” or “the Company”) (NASDAQ: GOGO). Investors who purchased Live Nation securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Gogo has violated federal securities laws.
On July 27, 2023, Gogo issued a press release “announc[ing] a delay in its Gogo 5G system launch, due to a design error in a non-5G component of its chip, which was designed by a third-party subcontractor of its 5G solution provider.” Gogo stated that it is “collaborating with its suppliers on more definitive plans, but expects to deliver Gogo 5G in approximately mid-year 2024[.]” On this news, Gogo’s stock price fell $1.56 per share, or 8.98%, to close at $15.82 per share on July 28, 2023.
If you are aware of any facts relating to this investigation or purchased Gogo securities, you can assist this investigation by visiting the firm’s site. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
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Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]