New York, New York–(Newsfile Corp. – December 21, 2024) – WHY: The Rosen Law Firm, a global investor rights law firm, reminds clients of Warner Bros. securities. , of importance January 24, 2025 is the plaintiff's deadline.
AND THEN: If you purchased WBD securities during the Class Period you may be entitled to a refund with no out-of-pocket costs or expenses through the closing fee arrangement.
NEXT TO DO: To join the WBD class action, go to https://rosenlegal.com/submit-form/?case_id=31683 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to act as a lead plaintiff, you must move the Court no later than 24 January 2025. The lead plaintiff is the party that represents the other class members in managing the lawsuit.
WHY THE LAW CAME OUT: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often times, the firms issuing the notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these companies don't really need security practices, but are middlemen who refer clients or work with law firms that litigate cases. Be wise in choosing counsel. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder litigation. The Rosen Law Firm won the largest ever securities settlement for a Chinese company at the time. The Rosen Law Firm was ranked Level 1 by ISS Securities Action (WA:) Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has received hundreds of millions of dollars from investors. In 2019 alone the company secured over $438 million from investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of the Spot Bar. Many of the firm's lawyers are accredited by Lawdragon and Top Lawyers.
CREDIT DETAILS: According to the lawsuit, during the Class Action, the defendants made false and/or misleading statements and/or failed to disclose that: (1) WBD's sports rights negotiations with the National Basketball Association (“NBA”) were, or were likely to be. cause, WBD to critically review business and philanthropy; (2) WBD's goodwill in its Networks segment has decreased significantly due to the difference between market capitalization and book value, continued softness in certain US commercial markets, and uncertainty related to the renewal of franchises and sports, including the NBA ; (3) the above greatly increased the likelihood that WBD would receive billions of dollars in damages; (4) accordingly, defendants exaggerated WBD's overall business and financial prospects; and (5) as a result, WBD's public statements were false and misleading at all relevant times. When true information enters the market, the lawsuit claims that investors suffer damages.
To join the WBD class action, go to https://rosenlegal.com/submit-form/?case_id=31683 or call Phillip Kim, Esq. call toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
No Class is guaranteed. Until the class is confirmed, you are not represented by counsel unless you have retained one. You can choose the advice of your choice. You can remain a member of the missing class and do nothing for now. The investor's ability to share in any future recovery is not dependent on serving as the lead plaintiff.
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Marketing Lawyer. Previous results do not confirm the same result.
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