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Netflix facing new lawsuit over 'misleading statements' to investors
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The following comments relate to this news article:

Netflix facing new lawsuit over 'misleading statements' to investors

article published on 17 January, 2012

Netflix is now facing a class action lawsuit in California from investors who allege that the streaming giant misled its shareholders while cashing in their own stock. Senior executives are accused "of issuing materially false and misleading statements regarding the company's business practices and its contracts with content providers" while at the same time cashing in $90 million worth ... [ read the full article ]

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Posted Message
LordRuss
Senior Member

1 product review
_ 		18. January 2012 @ 17:34 _ Link to this message    Send private message to this user   
So if it isn't insider trading was is it? Insider dumping?

just more fuel for the fire on an already loser company who rocked the boat on a 'good/sure thing'. What was best left well enough alone, they had to go & f*k with it.

Greed pure & simple. And just to bury it deeper into somebodies ass, they up & try to throw the fesses into the neighbors back yard & blame it on another's dog.

Don't necessarily take it out on the company, but defenitely take it out on Reed Hastings & rest of his hacienda full of heinie heisters.
[ + quote]
http://onlyinrussellsworld.blogspot.com
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