Class Action Reports

Levi & Korsinsky Announces Netflix Class Action Investigation; NFLX Lawsuit

Levi & Korsinsky, LLP

September 19, 2019

Levi & Korsinsky, LLP announces that a NFLX class action lawsuit has been commenced on behalf of investors who purchased Netflix, Inc. (NFLX) securities between April 17, 2019 and July 17, 2019. For more on the Netflix Class Action please contact us today.

According to the Netflix lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Netflix would not be able to gain its expected target number of new subscribers in the second quarter of 2019; (2) Netflix would also lose subscribers from the United States in the second quarter of 2019; and (3) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE NFLX CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/netflix-inc-loss-form?prid=3451&wire=1

If you suffered a loss in Netflix you have until September 20, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com