Netflix Targeted With Shareholder Lawsuit Alleging Securities Fraud After Subscriber Miss - Variety

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. The lawsuit, filed Tuesday in federal district court in San Francisco, alleges Netflix…

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. The lawsuit, filed Tuesda… [+3187 chars]

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