Investor’s Claims That Netflix Misrepresented Account Sharing Prevalence Dismissed

(January 10, 2024, 11:52 AM EST) -- OAKLAND, Calif. — A federal judge in California dismissed a putative class complaint brought by a group of investors against streaming giant Netflix Inc. that alleged that the company made material misrepresentations about how it was affected by users sharing passwords, finding that the investors did not establish the falsity of the company’s statements....

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