April 14, 2022
Airline internet service provider Gogo Inc. has agreed to pay $17.3 million to end putative class claims that its executives lied to investors about its Wi-Fi systems' technical issues, the investors said in an unopposed bid for preliminary approval of the deal in Illinois federal court Thursday.
April 26, 2021
Airline internet service provider Gogo Inc. on Monday failed to escape a proposed class action that accused company executives of lying to investors about its Wi-Fi systems' technical issues, with an Illinois federal judge ruling that the investors had provided important additional details to back their third amended complaint.
September 22, 2020
Airline internet provider Gogo Inc. has urged an Illinois federal judge to toss a proposed shareholder class action for the second time, saying the investors haven't successfully pled securities fraud in claims that the company's executives hid problems with its Wi-Fi system.
October 17, 2019
Airline internet provider Gogo Inc. escaped a proposed shareholder class action over the reliability of its Wi-Fi services Wednesday after an Illinois federal judge found that the investors didn't include specific enough facts to support their securities fraud claims.