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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 ...
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 and Ava DuVernay have settled a lawsuit filed by former New York City prosecutor Linda Fairstein over the Emmy-winning series 'When They See Us.'
Former Manhattan prosecutor Linda Fairstein and Netflix announced Tuesday they've settled the defamation lawsuit she filed four years ago over her portrayal in the streaming service's miniseries ...
A food company named Down to Earth Organics filed a lawsuit with the U.S. District Court for the Southern District of New York in July 2022, against Netflix, Darin Olien and Zac Efron. The company, which has no relationship with the television series, alleges its image is damaged by the association viewers might make with its products, given ...
Egyptian lawyer Mahmoud al-Semary filed a lawsuit against Netflix in April 2023, calling the depiction Afrocentric and a "crime". Al-Semary seeks to have Netflix discontinued in Egypt and for Netflix's management team to be investigated for the series.
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 ...
Netflix, Inc. is an American media company founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California and currently based in Los Gatos, California.It owns and operates an eponymous over-the-top subscription video on-demand service, which showcases acquired and original programming as well as third-party content licensed from other production companies and distributors.