NEW YORK, May 11, 2022 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Netflix, Inc.

Shareholders who have purchased shares of NFLX during the stated class period are encouraged to contact the company regarding the possible appointment of a lead plaintiff. Appointment as lead plaintiff is not required to participate in any recovery.


COURSE PERIOD: This lawsuit is on behalf of individuals and entities that have purchased or otherwise acquired Netflix common stock or call options, or sold put options, between October 19, 2021 and April 19, 2022included.

ALLEGATIONS: The Complaint alleges that during the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Netflix was exhibiting slower acquisition growth due to, among other things, the account sharing by customers and increased competition from other streaming services; (2) the Company was having difficulty retaining customers; (3) as a result of the foregoing, the Company was losing subscribers on a net basis; (4) as a result, the Company’s financial results were negatively affected; and (5) as a result of the foregoing, defendants’ positive statements about the company’s business, operations and prospects were materially false and/or misleading and/or lacked reasonable basis.

DEADLINE: July 5, 2022 Shareholders should not delay in registering for this class action. Register your information here:

NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has purchased shares of NFLX during the period stated above, you will be enrolled in portfolio tracking software to provide you with status updates throughout the cycle life of the business. The deadline to apply to be a principal applicant is July 5, 2022. There is no cost or obligation for you to participate in this deal.

WHY BRUT CABINET D’AVOCATS? Gross Law Firm is a nationally recognized law firm, and our mission is to protect the rights of all investors who have suffered as a result of deception, fraud, and illegal business practices. Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company has caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.

The Raw Law Firm
15 West 38th Street, 12th Floor
New York, NY10018
E-mail: [email protected]
Telephone: (646) 453-8903

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SOURCE The Raw Law Firm

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