Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
New York, New York–(Newsfile Corp. – December 24, 2024) – WHY: Rosen Law Firm, a global investment rights law firm, reminds clients of the Warner Bros. Discovery, Inc. (NASDAQ: NASDAQ: ) between February 23, 2024 and August 7, 2024, both dates inclusive (the “Class Period”). , important January 24, 2025 is the time to lead the plaintiff.
NOW: If you purchased WBD securities during the Group period you may be entitled to compensation without paying out-of-pocket fees or expenses through the contingency fee arrangement.
WHAT YOU NEED TO DO: To join the WBD class action, go to https://rosenlegal.com/submit-form/?case_id=31683 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has been filed. If you wish to act as the lead plaintiff, you must remove the Court before 24 January 2025. The lead plaintiff is the party representing the other members of the class to conduct the case.
WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Oftentimes, the companies that issue the notices don’t have the experience, the resources, or any meaningful peer recognition. Most of these firms are not suing the actions of the security team, but are simply businessmen who refer clients or partner with law firms who are suing. Be smart when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder litigation. The Rosen Law Firm achieved the largest defense settlement against a Chinese Company at that time. Rosen Law Firm is ranked No. 1 by ISS Securities Group Action (WA:) Securities ranking services in 2017. The firm has been ranked 4th every year since 2013 and has earned hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of Plaintiffs’ Bar. Most of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.
FACTS OF THE CASE: According to the lawsuit, during the Class Period, the 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 were likely to occur. reason, WBD to reassess its business and goodwill; (2) WBD’s equity in its Internet segment was significantly impaired due to the difference between market capitalization and book value, continued softness in other US advertising markets, and uncertainty relating to the development of corporate and sports rights, including the NBA; (3) the foregoing greatly increased the likelihood that WBD would incur billions of dollars in goodwill damages; (4) as a result, defendants exceeded WBD’s overall business and financial expectations; and (5) as a result, WBD’s public statements were false and misleading at all relevant times. When the real facts entered the market, the lawsuit alleges that investors were harmed.
To join the WBD class action, go to https://rosenlegal.com/submit-form/?case_id=31683 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action.
No Group Guaranteed. Until the group is confirmed, you are not represented by a counselor unless you have reserved one. You can choose a consultant of your choice. You may remain a member of the missing group and do nothing at this point. The investor’s ability to contribute to future recovery does not depend on serving as the lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook (NASDAQ:): https: / /www.facebook.com/rosenlawfirm/.
Advertising Attorney. Preliminary results do not guarantee a similar outcome.
——————————
To view the source version of this release, please visit https://www.newsfilecorp.com/release/235191
