LOS ANGELES--(BUSINESS WIRE)--
Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Global Eagle Entertainment Inc. (“Global Eagle” or the “Company”) (ENT). Investors who purchased or otherwise acquired Global Eagle shares between November 9, 2016, and February 20, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the April 24, 2017 lead plaintiff deadline.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
On February 21, 2017, Global Eagle announced that its CEO Dave Davis, and CFO Tom Severson, had both left the Company. Global Eagle also noted that it cannot file 2016 annual report on time, and will withdraw its guidance for its 2016 financial performance. When this information was announced to the investing public, the value of Global Eagle declined, causing investors severe harm.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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