New York, New York–(Newsfile Corp. – December 29, 2024)– Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Warner Bros. Discovery, Inc. (NASDAQ: NASDAQ:) Between February 23, 2024 and August 7, 2024, both dates inclusive (the “Class Period”), it is important January 24, 2025 Lead Plaintiff Deadline.
so what: If you purchase WBD securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
What to do next: To join the WBD class action, go to https://rosenlegal.com/submit-form/?case_id=31683 or contact Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court No later than January 24, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the lawsuit.
Why Rosen's Law: We encourage investors to select qualified advisors with a proven track record of success in leadership roles. Often, companies issuing notices do not have similar experience, resources, or any meaningful recognition from their peers. Many of these firms do not actually file securities class actions, but are merely brokers who refer clients or partner with the law firms that actually file the lawsuits. Be wise in choosing advisors. The Rosen Law Firm represents investors throughout the world, focusing its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever settlement of a securities class action lawsuit against a Chinese company at that time. Rosen Law Firm is Ranked #1 by ISS Securities Class an act (WA:) Services for a number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company raised more than $438 million for investors. In 2020, co-founder Lawrence Rosen was named by Law360 as a Titan in the Plaintiffs Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Case details: According to the lawsuit, during the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) WBD's sports rights negotiations with the National Basketball Association (“NBA”) were causing, or It will likely lead to this. causing WBD to significantly reevaluate its business and goodwill; (2) WBD's reputation in the Networking segment has deteriorated significantly as a result of the difference between its market value and book value, continued weakness in certain U.S. advertising markets, and uncertainty related to the renewal of affiliate rights and sports rights, including the NBA; (3) the foregoing has significantly increased the possibility that WBD will incur billions of dollars in goodwill impairment charges; (4) Accordingly, Defendants overstated WBD's overall business and financial prospects; and (5) as a result, WBD's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims, investors suffered damages.
To join the WBD class action, go to https://rosenlegal.com/submit-form/?case_id=31683 or contact Phillip Kim, Esq. Toll free is 866-767-3653 or email case@rosenlegal.com for information about the class action.
No category is approved. Until the class is approved, you will not be represented by counsel unless you retain one. You can choose the lawyer of your choice. You can also remain an absent class member and do nothing at this point. An investor's ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.
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