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The lawsuit names Netflix co-CEOs Reed Hastings and Ted Sarandos and CFO Spencer Neumann as defendants. It seeks damages for investors who traded Netflix shares between Oct. 19, 2021 and April 19 ...
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 ...
Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
In March 2021, Ozy and Dentsu announced a multi-year partnership as part of Dentsu's investment in "meaningful media" focused on millennial and Gen Z consumers. [27] In October 2021, Variety announced that such media-buying agencies were no longer willing to do business with Ozy in light of its duplicitous and alleged illegal behavior.
AMG Capital Management, LLC v. Federal Trade Commission, 593 U.S. ___ (2021), was a U.S. Supreme Court case dealing with the ability of the Federal Trade Commission (FTC) to seek monetary relief for restitution or disgorgement from those that it found in violation of trade practices.
Netflix is a subscription streaming service owned by the American company Netflix, Inc. Launched on August 29, 1997, it initially offered DVD rental and sale by mail, but the sales were eliminated within a year to focus on the DVD rental business.
Netflix is facing a class action lawsuit from a Florida subscriber left unhappy by the “unwatchable” livestream of the Jake Paul and Mike Tyson boxing match.. Ronald Denton from the ...
A formal class action lawsuit was filed on behalf of the shareholders on August 3, 2021, in the United States District Court for the Central District of California, asserting that in light of the claims brought by DFEH's suit, Bobby Kotick and other senior management had failed to provide proper oversight to prevent the situations outlined in ...