Levi & Korsinsky Notifies Warner Bros. Discovery, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - WBD ...

NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Warner Bros. Discovery, Inc. ("Warner Bros. Discovery" or the "Company") (NASDAQ: WBD) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Warner Bros. Discovery investors who were adversely affected by alleged securities fraud between February 23, 2024 and August 7, 2024. Follow the link below to get more information and be contacted by a member of our team: https://z ...

Investors With Losses Are Invited To Join The Schall Law Firm In A Securities Fraud Case Against Warner Bros. Discovery, Inc. ...

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Warner Bros. Discovery, Inc. of Class Action Lawsuit and Upcoming Deadlines – WBD ...

NEW YORK, Jan. 16, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD).Shareholders who purchased shares of WBD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/warner-bros-discovery-loss-submission-form/?id=123037&from=4CLASS PERIOD: Febr ...

NEW YORK, Jan. 15, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that it will report its fourth-quarter and full-year 2024 results on Thursday, February 27, 2025 before the market opens. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/ starting at approximately 7:00 a.m. ET. The Company will host a conference call at 8:00 a. ...

NEW YORK, Jan. 15, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Warner Bros. Discovery, Inc. (NASDAQ: WBD) between February 23, 2024 and August 7, 2024, both dates inclusive (the "Class Period"), of the important January 24, 2025 lead plaintiff deadline. Rosen Law Firm Logo So what: If you purchased WBD securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a c ...

Board Appointments - Anthony Noto and Joey Levin have been appointed to Warner Bros Discovery's Board of Directors, with Noto joining on January 8, 2025, and Levin joining on February 1, 2025 [1] - Both appointees will stand for election at the 2025 Annual Meeting of Stockholders [1] - The Board will consist of 13 directors, 12 of whom are independent following these appointments [1] Company Overview - Warner Bros Discovery is a leading global media and entertainment company operating in over 220 countries and territories with content available in 50 languages [2] - The company's portfolio includes iconic brands such as Discovery Channel, Max, CNN, HBO, DC, Warner Bros Motion Picture Group, and Warner Bros Games [2] Executive Backgrounds - Anthony Noto brings over two decades of senior leadership experience, including roles as CEO of SoFi Technologies, executive positions at Twitter, and Co-Head of Global TMT Investment Banking at Goldman Sachs [6] - Joey Levin has over 20 years of experience in mergers and acquisitions, strategy, and senior leadership, currently serving as CEO of IAC since 2015 [7] Leadership Perspectives - David Zaslav, President and CEO of Warner Bros Discovery, emphasized the appointees' expertise in driving growth, innovation, and shareholder value [6] - Samuel A Di Piazza Jr, Chair of the Board, highlighted the company's commitment to enhancing the Board with best-in-class leaders [6]

The latest trading session saw Warner Bros. Discovery (WBD) ending at $9.84, denoting a +1.44% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily gain of 0.16%. Elsewhere, the Dow gained 0.86%, while the tech-heavy Nasdaq lost 0.38%.The operator of cable TV channels such as TLC and Animal Planet's stock has dropped by 19.64% in the past month, falling short of the Consumer Discretionary sector's loss of 5.64% and the S&P 500's loss of 2.2%.The upcoming earnings re ...

Class Action Notice - Shareholders who purchased Warner Bros Discovery Inc (WBD) shares between February 23 2024 and August 7 2024 are encouraged to contact The Gross Law Firm regarding possible lead plaintiff appointment [1] - The deadline for shareholders to register for this class action is January 24 2025 [2] Allegations Against Warner Bros Discovery - The complaint alleges that WBD issued materially false and/or misleading statements during the class period [1] - WBD's sports rights negotiations with the NBA were causing or likely to cause significant reevaluation of its business and goodwill [1] - WBD's goodwill in its Networks segment had significantly deteriorated due to the difference between market capitalization and book value continued softness in certain US advertising markets and uncertainty related to affiliate and sports rights renewals including with the NBA [1] - The above factors significantly increased the likelihood of WBD incurring billions of dollars in goodwill impairment charges [1] - As a result WBD's public statements were materially false and misleading at all relevant times [1] Next Steps for Shareholders - Registered shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the case lifecycle [2] - There is no cost or obligation for shareholders to participate in this case [2] About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investor rights [3] - The firm seeks recovery for investors who incurred losses due to false and/or misleading statements or omission of material information by companies [3]