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GoPro Wants Securities Suit Tossed As Fraud By Hindsight

By Dorothy Atkins (January 19, 2017, 9:49 PM EST) -- Camera maker GoPro Inc. urged a California federal judge on Thursday to dismiss a putative class action alleging the company made false and misleading statements regarding its new Hero products that led its stock to tank, saying the suit is precisely the kind of fraud-by-hindsight case the Private Securities Litigation Reform Act was meant to prevent....

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