A shareholder lawsuit against Netflix, alleging the company downplayed the impact of account sharing on subscriber growth, was dismissed. The judge ruled that Netflix's previous statements about growth potential weren't misleading, as they referred to paid subscribers and didn't guarantee future growth. The plaintiff failed to prove Netflix concealed the extent to which account sharing hindered growth. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
