NFLX ALERT: Klein Law Firm

NEW YORK, May 17, 2022 /PRNewswire/ — The law firm Klein announces that a class action lawsuit has been filed on behalf of shareholders of Netflix, Inc. (NASDAQ: NFLX) alleging that the company violated federal securities laws.

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.
Lead Applicant Deadline: July 5, 2022
No obligation or cost to you.

Learn more about your recoverable losses in NFLX:
https://www.kleinstocklaw.com/pslra-1/netflix-inc-loss-submission-form-2?id=27282&from=4

NEWS from Netflix, Inc. – NFLX NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Netflix, Inc. 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, 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.

WHAT THIS MEANS FOR YOU AS A SHAREHOLDER: If you have suffered a loss in Netflix, Inc., you have until July 5, 2022 ask the court to obtain the status of principal plaintiff. Your ability to participate in any collection does not require you to serve as the lead plaintiff.

AT NO CHARGE TO YOU: If you purchased Netflix, Inc. titles during the affected period, you may be entitled to compensation without payment of out-of-pocket costs.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For more information on the NFLX trial, please contact J. Klein, Esq. by phone at 212-616-4899 or click on this link: https://www.kleinstocklaw.com/pslra-1/netflix-inc-loss-submission-form-2?id=27282&from=4.

ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigation involving financial fraud across the country. Klein Law Firm is a litigation firm with experience in a wide range of areas, including securities law, corporate finance and commercial litigation. Since 2011, our experienced lawyers have achieved superior results for our clients with a personalized approach. Lawyer advertisement. Prior results do not guarantee similar results.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
www.kleinstocklaw.com

View original content: https://www.prnewswire.com/news-releases/nflx-alert-the-klein-law-firm-announces-a-lead-plaintiff-deadline-of-july-5-2022-in – the-class-action-filed-on-behalf-of-the-shareholders-of-netflix-inc-301548608.html

SOURCE Klein Law Firm

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