NEW YORK, June 21, 2022 /PRNewswire/ — Klein’s law firm says on behalf of Netflix, Inc. shareholders. (NASDAQ: NFLX) was filed a class action lawsuit alleging that the company violated federal securities laws.
This lawsuit is being filed on behalf of individuals and entities that have purchased or otherwise purchased Netflix common stock or call options, or sold put options between January 19, 2021 as well as April 19, 2022inclusive.
Lead Claimant Filing Deadline: July 5, 2022
No obligations or costs for you.
Learn more about your NFLX recoverable losses:
NEWS Netflix, Inc. – NFLX NEWS
CLASS ACTION DETAILS: The complaint alleges that Netflix, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Netflix experienced slower acquisition growth due to, among other things, customer account sharing and increased competition from other companies. streaming services; (2) The company had difficulty retaining customers; (3) as a result of the foregoing, the Company lost subscribers on a net basis; (4) as a result, this adversely affected the Company’s financial results; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations and prospects were materially false and/or misleading and/or without reasonable basis.
WHAT THIS MEANS FOR YOU AS A SHAREHOLDER: If you have suffered a loss at Netflix, Inc., you have until July 5, 2022 apply to the court for the assignment of the status of the lead plaintiff. Your ability to participate in any recovery does not require you to act as lead plaintiff.
FREE FOR YOU: If you have purchased securities of Netflix, Inc. during the relevant period, you may be entitled to compensation without paying any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For more information about the NFLX litigation, please contact J. Klein, Esq. call 212-616-4899 or follow this link: https://www.kleinstocklaw.com/pslra-1/netflix-inc-loss-submission-form-2?id=28795&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigation related to financial fraud throughout the country. Klein Law Firm is a specialized litigation firm with experience in a wide range of areas, including securities law, corporate finance and commercial litigation. Since 2011, our experienced lawyers have delivered excellent results for our clients with a personal touch. Lawyer advertisement. Previous results do not guarantee similar results.
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SOURCE Klein Law Firm