Warner Bros. Discovery, Inc. Investor Alert: NASDAQ Stock Update
Are you an investor in Warner Bros. Discovery, Inc. (NASDAQ: WBD)? A recent securities class action lawsuit might be of interest to you. A shareholder has filed a lawsuit on behalf of investors who purchased or acquired WBD securities between February 23, 2024, and August 7, 2024.
The lawsuit alleges that there were misrepresentations concerning WBD’s sports rights negotiations with the NBA, which could have led WBD to reevaluate its business and goodwill. If you want to participate as the lead plaintiff for the Class, you need to file papers by January 24, 2025. A lead plaintiff represents other class members in the legal proceedings.
If you have any questions or want more information, you can fill out a form at the Warner Bros. Discovery, Inc. Shareholder Class Action Lawsuit page, email Investor Relations Manager Peter Allocco at [email protected], or give us a call at (212) 951-2030. Remember, all representation is on a contingency fee basis, so shareholders don’t pay any fees or expenses.
Bernstein Liebhard LLP, the law firm handling this matter, has a successful track record in recovering over $3.5 billion for its clients since 1993. They have experience representing individual investors and large pension funds in various litigations. If you choose not to take action, you can still be part of the class as an absent member.
Please note that this is attorney advertising, and prior results do not guarantee similar outcomes in the future. For more information, you can visit their website at https://www.bernlieb.com or contact Peter Allocco, the Investor Relations Manager, at [email protected] or (212) 951-2030.
