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The lawsuit accuses Netflix of deception, saying users faced an “unwatchable” livestream. ... What they saw was ‘The Baddest Streaming on the Planet,'” according to the class-action ...
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 ...
The Florida lawsuit claims there were “over 100,000 people complaining online” about the technical issues with Netflix’s Paul-Tyson livestream and said that “boxing fans, along with the ...
In September 2004, a consumer class action lawsuit, Frank Chavez v. Netflix, Inc. , was brought against Netflix in San Francisco Superior Court . The suit alleged false advertising in relation to claims of "unlimited rentals" with "one-day delivery."
Netflix class action that was settled (but is currently on appeal [6]) when the defendants agreed to pay Gutride Safier $2.5 million [7] and the Orin Safier v. Western Digital Corporation class action that was settled when the defendants agreed to pay Gutride Safier $500,000. [8]
A month later, ex-Russian subscribers filed a class action lawsuit against Netflix. [305] [306] Netflix stated that 100 million households globally were sharing passwords to their account with others, and that Canada and the United States accounted for 30 million of them. Following these announcements, Netflix's stock price fell by 35 percent.
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 ...
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