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Investigation announced for Investors of Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL) over potential Wrongdoing

12-21-2020 08:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL) shares.

An investigation on behalf of investors in Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL) shares.

An investigation on behalf of investors in shares of Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL) concerning potential breaches of fiduciary duties by certain directors and officers of Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL was announced.

Investors who are investors in Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL) shares, 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 for investors in NYSE: GOL stocks follows a lawsuit filed against Gol Linhas Aéreas Inteligentes S.A. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: GOL stocks, concerns whether certain Gol Linhas Aéreas Inteligentes S.A. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Gol Linhas Aéreas Inteligentes S.A. had material weaknesses in its internal controls, that there was substantial doubt as to the Company’s ability to continue to exist as a going concern because of negative net working capital and net capital deficiency, and that as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant time.. When the true details entered the market, the lawsuit claims that investors suffered damages.

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.

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