Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Netflix, Inc. (“Netflix” or the “Company”) (NASDAQ: NFLX) investors concerning the Company and its officers’ possible violations of federal securities laws.
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If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com.
On July 17, 2019, after market hours, Netflix disclosed that it only acquired 2.7 million new subscribers, significantly below its forecast of 5 million new subscribers, during second quarter 2019.
On this news, shares of Netflix fell $47.34 per share, or over 13%, over two consecutive trading sessions to close at $315.10 per share on July 19, 2019, thereby injuring investors.
If you purchased Netflix securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190722005777/en/
Contacts:
Lesley Portnoy, 310-201-9150 or 888-773-9224
www.glancylaw.com
shareholders@glancylaw.com
