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Warner Bros. Discovery faces suit alleging inflated HBO Max numbers

Por: Los Angeles Times Business September 28, 2022

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Warner Bros. Discovery and its top corporate brass are facing a shareholder lawsuit that alleges false statements were made about the health of the HBO Max streaming service and its subscriber numbers to pave the way for a merger this year. The proposed class action lawsuit was filed last week in New York federal court by the Collinsville (Illinois) Police Pension Board, which held Discovery stock. The suit proposes to expand to include other... + full article



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