Netflix shareholder warning: Management should be held accountable

SAN DIEGO, Oct. 05, 2022 (GLOBE NEWSWIRE) — Johnson Fistula, LLP investigating potential claims on behalf of Netflix, Inc. (“Netflix” or the “Company”) NFLX against certain of its officers and directors.

If you are a current, long-term shareholder of Netflix stock You may be entitled to indemnify Netflix from the alleged harm caused by the company’s officers and directors by holding them personally liable. You may also be able to assist in reforming the company’s corporate governance to prevent future wrongdoing.

If you previously owned Netflix shares continuously October 19, 2021You may click or copy and paste the following link into a browser to participate in this promotion:

https://www.cognitoforms.com/JohnsonFistel/NetflixInc

What does Johnson examine fistula? A class action lawsuit was recently filed against Netflix. The complaint alleges that the defendants made misleading statements about Netflix’s business during the class action period. Specifically, Plaintiff alleges that Defendants’ statements were materially false and misleading at the time they were made because: (1) Netflix has experienced slower acquisition growth due to, among other things, customer account sharing and increasing competition from other streaming services ; (2) the company had difficulty retaining customers; (3) the company lost subscribers on a net basis; and (4) as a result, the Company’s financial results were adversely affected.

If you If you are interested in learning more about the investigation, please contact the lead analyst Jim Baker ([email protected]) at 619-814-4471. When emailing, please include your phone number.

About Johnson Fistula, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in class action lawsuits involving shareholder derivatives and securities. Johnson Fistula seeks to recover losses incurred as a result of violations of federal law…


Read full story here https://www.benzinga.com/pressreleases/22/10/g29152302/netflix-shareholder-alert-should-management-be-held-accountable-for-shareholder-losses-contact-joh