WBD Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Warner Bros. Discovery, Inc.’s Warner Bros. is Fair to Shareholders

Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Warner Bros. Discovery, Inc.’s (NASDAQ: WBD) Warner Bros., including its film and television studios, HBO Max and HBO, to Netflix, Inc. for $23.25 in cash and $4.501 in shares of Netflix common stock for each share of WBD common stock is fair to WBD shareholders.

Halper Sadeh encourages WBD shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

The investigation concerns whether WBD and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for WBD shareholders; (2) determine whether Netflix is underpaying for WBD; and (3) disclose all material information necessary for WBD shareholders to adequately assess and value the merger consideration.

On behalf of WBD shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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