We are investigating Gol Linhas Aereas Inteligentes S.A. (GOL) (“Gol” or the “Company”) for potential violations of the federal securities laws. In mid-June 2020, Gol’s auditor, KPMG, raised significant concerns about Gol during the accounting firm’s first annual audit of the Company after being hired in 2019, stating that it had an “adverse opinion” on the strength of Gol's internal controls regarding the preparation of financial statements, adding that there was “substantial doubt” about the airline's ability to exist a year from now.” KPMG’s adverse opinion prompted Gol to carry out a review of its financial reporting procedures. Then, on July 23, 2020, Gol announced the termination of KPMG as its external auditor. On this news, Gol’s American depositary receipt (“ADR”) price fell $0.65, or 7.05%, to close at $7.25 per ADR on July 23, 2020.