Netflix Staves Off Shareholder Lawsuit Over Subscriber Losses Tied to Account-Sharing Disclosures

Netflix Staves Off Shareholder Lawsuit Over Subscriber Losses Tied to Account-Sharing Disclosures

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Netflix has won the first round of a case over allegations it downplayed the impact of account-sharing on subscriber growth, with a federal judge’s dismissal of the shareholder lawsuit. U.S. District Judge Jon Tigar, in an order issued on Jan. 5, found that investors failed to point to specific…

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