Someone is trying to start a lawsuit against Netflix for misleading investors about their expected subscriber growth. With the specific point of password sharing being pointed to in recent filings and largely absent in previous ones, the lawsuit alleges that higher-ups in Netflix suppressed critical information impacting the business.
If you owned Netflix stock at any point from November 2021 to April 2022, you might be able to jump in on the lawsuit. So keep your eyes open for more information regarding this coming up.
[ https://variety.com/2022/digital/news/netflix-lawsuit-shareholders-subscriber-miss-1235258330/ ]
