Market Overview

CLASS ACTION UPDATE for PCG and GOGO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Share:

NEW YORK, Aug. 13, 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 and further details about the cases can be found at the links provided. There is no cost or obligation to you.

PG&E Corporation (NYSE:PCG)
Class Period:
April 29, 2015 - June 8, 2018
Lead Plaintiff Deadline: August 13, 2018
Join the action: http://www.zlk.com/pslra-d/pge-corporation?wire=3

The lawsuit alleges: PG&E Corporation made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (i) PG&E had failed to maintain electricity transmission and distribution networks in compliance with safety requirements and regulations promulgated under state law; (ii) consequently, PG&E was in violation of state law regulation; (iii) PG&E's electricity networks would cause numerous wildfires in California; and (iv) as a result of the foregoing, Defendants' statements about the Company's business and operations were materially false and misleading at all relevant times.

To learn more about the PCG class action contact jlevi@levikorsinsky.com.

Gogo Inc. (NASDAQ:GOGO)
Class Period:
February 27, 2017 - May 7, 2018
Lead Plaintiff Deadline: August 27, 2018
Join the action: http://www.zlk.com/pslra-d/gogo-inc?wire=3

The lawsuit alleges: Gogo Inc. made materially 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 faced costly 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.

To learn more about the GOGO class action contact jlevi@levikorsinsky.com.

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, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com 

Primary Logo

View Comments and Join the Discussion!