August 20, 2013
A California federal judge on Tuesday dismissed a putative class action claiming Netflix Inc. misled investors about the financial viability of its streaming service, finding the investors didn't claim the company had made false statements.
June 10, 2013
Netflix Inc. on Monday urged a California federal judge to dismiss for the second time a putative class action alleging the company misled shareholders about the financial viability of its streaming service, saying the plaintiffs' amended complaint still fails to prove federal securities law violations.
August 28, 2012
Netflix Inc. pressed a California federal judge on Monday to dismiss a putative class action alleging it didn't file separate financial reports for its streaming and DVD services after announcing a split of the businesses, calling the claim "nonsense" under federal securities laws.
January 13, 2012
Netflix Inc. shareholders hit the movie and television service with a putative class action Friday, alleging the company withheld vital financial information from its investors that eventually caused stock prices to decline rapidly at significant costs to shareholders.