Netflix Staves Off Shareholder Lawsuit Over Subscriber Losses Tied to Account-Sharing Disclosures ...Middle East

Netflix has won the first round of a case over allegations it downplayed the impact of account-sharing on subscriber growth, with a federal judge’s dismissal of the shareholder lawsuit. U.S. District Judge Jon Tigar, in an order issued on Jan. 5, found that investors failed to point to specific statements from Netflix executives demonstrating that […]

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