• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Kahn Swick & Foti

Kahn Swick & Foti represents investors in securities fraud class actions, as well as shareholders and consumers harmed by corporate wrongdoing.

  • About Us
    • About Our Firm
    • Institutional Investor Services
    • KSF in the Community
    • Careers at KSF
    • Contact Us
  • Attorneys
  • Practice Areas
    • Securities Class Action Litigation
    • Corporate Governance And Derivative Litigation
    • Consumer Protection Litigation
    • Shareholder Mergers and Acquisitions Class Action Litigation
    • Antitrust Litigation
  • Current Cases
  • KSF News
  • Client Login
  • Asset Recovery Services
  • Contact KSF

KSF Appointed Co-Lead Counsel in Netflix Securities Litigation

Home»News»KSF Appointed Co-Lead Counsel in Netflix Securities Litigation

On June 14, 2017, Hon. Haywood S. Gilliam, Jr., the United States District Judge for the Northern District of California, ordered KSF’s appointment as co-lead counsel for the class in Ziolkowski v. Netflix, Inc. et al., Case No. 4:17-cv-01070-HSG (N.D. Cal.), reasoning that KSF has “extensive experience as lead counsel in securities class actions.”  Plaintiff alleges that, throughout the Class Period (July 22, 2014 through October 15, 2014, inclusive), Defendants made materially false statements and omissions to investors by hiding the adverse effects of the Company’s May 2014 subscriber price increase and publicly dismissed them as “minimal,” “nominal” and “background noise.”  The matter further alleges that less than three months later, Defendants revealed the adverse effect on subscriber growth was – in fact – significant, slashing projected earnings for the fourth quarter 2014 by nearly half, and causing the stock value to fall by more than 19%.

Filed Under: News

Previous Post: « KSF Appointed Lead Counsel in Chicago Bridge & Iron Co. N.V. Securities Litigation
Next Post: Class Certified and KSF Appointed Co-Lead Counsel in AAC Holdings Securities Litigation »

Primary Sidebar

Current Cases

Penumbra, Inc. (NYSE: PEN)

Anchiano Therapeutics Ltd. (NasdaqGS: ANCN)

Peabody Energy Corp. (NYSE: BTU)

BioMarin Pharmaceutical Inc. (NasdaqGS: BMRN)

National Holdings Corporation (NasdaqCM: NHLD)

FBL Financial Group, Inc. (NYSE: FFG)

see more»
 

Join Our Mailing List

To receive news of interest to shareholders and consumers and learn about potential new cases, you may join our mailing list by entering your email below.

Terms and Conditions | Privacy Notice

© 2006-2021 Copyright. All rights reserved Kahn Swick & Foti LLC · New Orleans · New York — Kahn Swick & Foti LLP · San Francisco

We recently updated our Privacy Policy. We use cookies to improve your overall web experience. By using our website, you consent to the use of cookies in accordance with our Privacy Policy.OkPrivacy policy