Investigation announced for Investors in shares of Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL)

Gol Linhas Aéreas Inteligentes S.A. is under investigation over potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Gol Linhas Aéreas Inteligentes S.A. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Brazil based GOL Linhas Aéreas Inteligentes S.A. provides air passenger transportation services in Brazil, rest of South America, the Caribbean, and the United States.

In the fiscal 2019 annual report, Gol Linhas Aéreas Inteligentes S.A.’s auditor, KPMG raised significant concerns about the Company’s accounting, including that Gol Linhas Aéreas Inteligentes S.A. lacked "(i) effective policies and procedures related to the identification and disclosure of material uncertainties in the going concern analysis and (ii) effective review of financial statement information, and related presentation and disclosure requirements."
Then, on July 23, 2020, Gol Linhas Aéreas Inteligentes S.A. announced the termination of KPMG as its external auditor.

Shares of Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL) closed on August 20, 2020, at $6.35 per share.

Those who purchased shares of Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.