Netflix Targeted With Shareholder Lawsuit Alleging Securities Fraud After Subscriber Miss ...Middle East

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Netflix Targeted With Shareholder Lawsuit Alleging Securities Fraud After Subscriber Miss
Los Angeles: Streaming giant Netflix misled investors about declining subscriber growth over the course of six months leading to a massive drop in its stock price, according to a shareholder lawsuit. According to ‘Variety’, the lawsuit, filed on Tuesday in a federal district court in San Francisco, alleges Netflix violated US securities laws by making […] The post Netflix Targeted With Shareholder Lawsuit Alleging Securities Fraud After Subscriber Miss appeared first on Ommcom News.

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