CLASS ACTION UPDATE for GOGO and COOL: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, July 12, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court; further details about the cases can be found at the links provided.
Gogo Inc. (NASDAQ:GOGO) Class Period: February 27, 2017 - May 7, 2018Lead Plaintiff Deadline: August 27, 2018
During the class period, Gogo’s 2Ku antenna had more reliability issues than the public was led to believe; Gogo’s 2Ku antennas required costly installation and faced costly remediation challenges or required replacement due to deicing fluids from planes infiltrating the 2Ku system, as well as manufacturing and software issues; consequently, Gogo would not be able to meet its previously issued 2018 guidance; and as a result, the company’s financial statements were materially false and misleading at all relevant times.
To learn more go to: http://www.zlk.com/pslra-d/gogo-inc?wire=3.
PolarityTE, Inc. (NASDAQ:COOL) Class Period: March 31, 2017 - June 22, 2018Lead Plaintiff Deadline: August 27, 2018
The complaint alleges that PolarityTE made material misstatements and/or failed to disclose the status of Patent #14/954,335 at the time it was acquired by the Company on April 7, 2017 and the months following; the updated status of Patent #14/954,335 after its June 4, 2018 final rejection by the United States Patent Office; and that as a result of the foregoing, PolarityTE’s publicly disseminated financial statements were materially false and misleading.
To learn more about the PolarityTE class action go to: http://www.zlk.com/pslra-d/polarityte-inc?wire=3.
You have until the lead plaintiff deadlines to request the court appoint as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171www.zlk.com