Netflix just can’t catch a break.
Only a few weeks into the new year, the flagging video subscription company is already the subject of a new class-action lawsuit by investors, which accuses the company’s executives of issuing “false and misleading statements” about the health of Netflix’s business and selling $90.2 million-worth of their own shares before the stock collapsed.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=102367