GoPro is unabashed and undaunted. Despite last year's debacle with the long-awaited Karma drone, the company tells journalists at CES that they are preparing to develop more drones. In an interview with The Verge, GoPro's CEO and co-founder Nick Woodman prophesied a successful relaunch of the Karma, with more versions to come. "The reception for Karma was very strong. It … [Read more...] about Undaunted, GoPro Lining Up More Drones
karma drone
GoPro’s Bad Karma: Lawsuit Claims Violations of Securities Exchange Act
The epic failure of the Karma drone has led to more worries for GoPro. Lawfirm Bronstein, Gewirtz & Grossman, LLC has notified investors of a class action lawsuit filed against the company and some officers, on behalf of shareholders who purchased GoPro stock between September 19, 2016 and November 4, 2016. The suit seeks to recover damages against GoPro for alleged … [Read more...] about GoPro’s Bad Karma: Lawsuit Claims Violations of Securities Exchange Act
