March 30, 2026
A New York federal judge on Monday tossed a putative securities class action accusing Warner Bros. Discovery and its top brass of misleading investors about its negotiations over NBA broadcast rights, finding the company's statements were either true, inactionable or made obvious by widespread media coverage.
July 14, 2025
Warner Bros. Discovery has asked a New York federal judge to throw out investors' proposed class action over its failed negotiations for a new media rights agreement with the NBA, arguing that the investors haven't pointed to any evidence showing that Warner Bros. intended to mislead them about the deal.
November 26, 2024
Warner Bros. Discovery Inc. investors Monday filed a proposed class action claiming that the entertainment company and its top brass made false and misleading statements about how negotiations with the NBA were really going and the state of its overall business and financial prospects.