Levi & Korsinsky, LLP announces that a NFLX class action lawsuit has been filed on behalf of investors who purchased Netflix, Inc. (NFLX) securities between April 17, 2019 and July 17, 2019. For more on the NFLX Lawsuit please contact us today.
According to the 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.
If you suffered a loss in 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.