Court Throws Out Shareholder Lawsuit Accusing Netflix Of Issuing Misleading Guidance

Netflix succeeded in getting a shareholder lawsuit dismissed that had accused the company of inflating its share price by concealing rising costs, even as insiders like CEO Reed Hastings were selling millions of dollars in stock, reports Reuters

Source: http://feedproxy.google.com/~r/Techcrunch/~3/jTEjzO_aYuo/

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