WBD Investors Have Opportunity to Lead Warner Bros. Discovery, Inc. Securities Fraud Lawsuit

Class Action Lawsuit Details - Rosen Law Firm reminds purchasers of Warner Bros Discovery Inc (WBD) securities between February 23 2024 and August 7 2024 of the January 24 2025 lead plaintiff deadline [1] - Purchasers during the Class Period may be entitled to compensation without out of pocket fees through a contingency fee arrangement [1] - A class action lawsuit has been filed and investors must move the Court by January 24 2025 to serve as lead plaintiff [2] Rosen Law Firm Credentials - Rosen Law Firm represents global investors in securities class actions and shareholder derivative litigation [3] - The firm achieved the largest ever securities class action settlement against a Chinese company and ranked No 1 by ISS Securities Class Action Services in 2017 [3] - Rosen Law Firm has been in the top 4 annually since 2013 recovering hundreds of millions for investors including over $438 million in 2019 [3] Allegations Against Warner Bros Discovery - Defendants allegedly made false or misleading statements and failed to disclose material information during the Class Period [4] - WBD's sports rights negotiations with the NBA were causing significant business and goodwill reevaluation [4] - WBD's Networks segment goodwill deteriorated due to market capitalization vs book value differences US advertising market softness and affiliate and sports rights renewal uncertainties [4] - These factors increased the likelihood of billions in goodwill impairment charges and overstated WBD's business and financial prospects [4] - Investors allegedly suffered damages when the true details entered the market [4]