An investigation on behalf of investors in GoPro Inc (NASDAQ:GPRO) shares over potential wrongdoing at GoPro Inc was announced and NASDAQ:GPRO stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 09/23/2015 --An investigation on behalf of shareholders in NASDAQ:GPRO shares was announced concerning potential breaches of fiduciary duties by certain GoPro directors.

Investors who purchased shares of GoPro Inc (NASDAQ:GPRO) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call 858-779-1554.

The investigation by a law firm concerns whether certain GoPro officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

In June 2014, GoPro commenced an IPO and issued approximately 17.8 million shares of common stock at $24 per share. In the weeks and months following, those shares shot up to trade at over $98 per share. In November 2014, GoPro commenced the SPO and issued approximately 10.3 million additional shares of common stock at $75 per share. These two offerings collectively sold over 28 million shares of GoPro common stock to the public, raising more than $1 billion in gross proceeds.

GoPro Inc reported that its annual Total Revenue rose from $234.24 million in 2011 to over $1.39 billion in 2014 and that its Net Income grew from $24.61 million in 2011 to $128.09 million in 2014.

Shares of GoPro Inc (NASDAQ:GPRO) grew from 37.95 per share in March 2015 to as high as $64.74 per share in August 2015. Since then NASDAQ:GPRO shares declined to as low as $31.32 per share on September 11, 2015.

Those who purchased shares of GoPro Inc (NASDAQ:GPRO) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com