The Law Offices of Frank R. Cruz Announces Investigation of Netflix, Inc. (NFLX) on Behalf of Investors
The Law Offices of Frank R. Cruz Announces Investigation of Netflix, Inc. (NFLX) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Netflix, Inc. (“Netflix” or the “Company”) (NASDAQ: NFLX) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On April 19, 2022, after the market closed, Netflix reported that it lost 200,000 subscribers during the first quarter, while analysts had expected the Company to add 2.5 million net subscribers.
On this news, Netflix’s stock fell as much as 35% during intraday trading on April 20, 2022, thereby injuring investors.
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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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
