GlobeNewswire Inc | Oct 1, 2020 10:01AM EDT

October 01, 2020

NEW YORK, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL) between March 14, 2019 and July 22, 2020, inclusive (the Class Period). The lawsuit seeks to recover damages for Anaplan Inc. investors under the federal securities laws.

To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=gol-linhas-aereas-inteligentes-s-a&id=2407 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or emailinfo@zhanginvestorlaw.comfor information on the class action.

http://zhanginvestorlaw.com/join-action-form/?slug=gol-linhas-aereas-inteligentes-s-a&id=2407

If you wish to serve as lead plaintiff, you must move the Court before the November 10, 2020 DEADLINE. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) GOL had material weaknesses in its internal controls; (2) there was substantial doubt as to the Companys ability to continue to exist as a going concern because of negative net working capital and net capital deficiency; and (3) 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.

Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.

Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes.

Zhang Investor Law P.C.99 Wall Street, Suite 232New York, New York 10005info@zhanginvestorlaw.comtel: (800) 991-3756