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- There are several class action lawsuits against Netflix. One shareholder has filed a class action lawsuit against the company, alleging that it failed to disclose fundamental issues and misled investors by hiding subscriber losses on a net basis, causing the stock to suffer12. Another lawsuit alleges that Netflix violated the Video Privacy Protection Act by keeping all the information it collects from its users “indefinitely,” even after they cancel their accounts3. A third lawsuit alleges that Netflix chose to release “13 Reasons Why” in March 2017 without adequately warning viewers of its subject matter despite being made aware that it could contribute to an uptick in child suicides4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Netflix shareholder has filed a class action lawsuit against the company, alleging that it failed to disclose fundamental issues. The lawsuit alleges that streaming giant misled investors by hiding subscriber losses on a net basis on account of which the stock suffered.www.benzinga.com/news/22/05/27012497/netflix-fa…Business Wire shared details about the class action lawsuit, which is being handled by the law office of Glancy Prongay & Murray LLP. The suit itself alleges that Netflix “made materially false and/or misleading statements” that cost investors who owned shares between October 2021 to April 2022 a good deal of money.insidethemagic.net/2022/05/shareholders-file-clas…Plaintiff Peter Comstock filed the Netflix class action lawsuit in California federal court, claiming the online video rental service is violating the Video Privacy Protection Act by keeping all the information it collects from its users “indefinitely,” even after they cancel their accounts.topclassactions.com/lawsuit-settlements/lawsuit-ne…A class action alleges Netflix chose to release “13 Reasons Why” in March 2017 without adequately warning viewers of its subject matter despite being made aware that it could contribute to an uptick in child suicides.www.classaction.org/news/class-action-alleges-net…
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