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topicnews · September 23, 2024

GGR investors have the opportunity to join the Gogoro Inc. fraud investigation with Schall Law Firm

GGR investors have the opportunity to join the Gogoro Inc. fraud investigation with Schall Law Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims of violations of the securities laws on behalf of investors in Gogoro Inc. (“Gogoro” or “the Company”) (NASDAQ: GGR).

The investigation focuses on whether the Company made false and/or misleading statements and/or failed to disclose relevant information to investors. Gogoro announced in a Form 6-K filed with the SEC on September 13, 2024 that it has “conducted internal investigations into allegations in recent media reports that the Company has incorporated imported components into some of its vehicles, in violation of the Taiwanese government’s requirement that certain core components of the electric scooters must be manufactured domestically to qualify for subsidies for buyers. During these investigations, the Company identified certain supply chain irregularities that resulted in the Company inadvertently incorporating certain imported components into some of its vehicles. The Company has reported the supply chain irregularities to local authorities and is fully cooperating with local authorities in their investigations while continuing its internal investigations. As the internal and external investigations are ongoing, the Company cannot predict the final outcome of these investigations.”