Tag archive: Neil Hunt

Netflix smacked with class-action lawsuit by disgruntled investors

January 17, 2012 |

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Initially filed by the Robbins Geller Rudman & Dowd law firm on behalf of investors at the City of Royal Oak Retirement System in Michigan, Netflix is now dealing with a class-action suit alleging that company officials “issued materially false and misleading statements regarding business practices and its contracts with content providers.” Defendants specifically identified within the lawsuit include CEO Reed Hastings, chief… Read More