YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Netflix has been hit with at least two lawsuits that are seeking class-action status.
The investor lawsuits allege Netflix violated Securities and Exchange Commission guidelines by failing to disclose information about the company's shortfall in quarterly subscribers.
The company reported a net gain of 2.7 million subscribers worldwide, which was down from the 5 million it projected.
Read more from Variety.
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