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Gogo Inc. (GOGO) Alert: Shareholder Class Action Survives Motion to Dismiss; Should Management be Held Accountable for Investors Losses? Contact Johnson Fistel


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SAN DIEGO, April 29, 2021 /PRNewswire/ Johnson Fistel, LLP is investigating potential claims on behalf of Gogo Inc. (the Company or Gogo ) (NASDAQ: GOGO) against certain of its officers. On April 26, 2021, Judge Jorge L. Alonso denied a motion to dismiss a class action lawsuit pending in the United States District Court for the Northern District of Illinois against Gogo and certain of its officers.   
According to the lawsuit, between February 27, 2017 through May 7, 2018, defendants Gogo and several of its executives made certain false and misleading public statements about the reliability of Gogo s in-flight internet connectivity services and its impact on Gogo s financial picture. Specifically, the class action lawsuit alleges that Gogo installed its new 2Ku antenna-and-satellite-based in-flight wifi systems on numerous partner airplanes before and during the class period despite, according to the class action complai ....

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