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INVESTIGATION ALERT: Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WBD)
Globenewswire· 2026-01-07 14:19
PHILADELPHIA, Jan. 07, 2026 (GLOBE NEWSWIRE) -- National plaintiffs’ law firm Berger Montague PC advises shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD) (“Warner Bros.” or the “Company”) regarding an investigation into Warner Bros.’ Board of Directors (the “Board”) for potential breaches of fiduciary duties to the Company and its shareholders, and other violations of state law, in connection with the proposed sale of the Company or certain parts of the Company. Shareholders of WARNER BROS. may le ...
Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WBD)
Prnewswire· 2025-12-11 23:06
Core Viewpoint - An investigation is underway regarding potential breaches of fiduciary duties by the Board of Directors of Warner Bros. Discovery, Inc. in relation to the proposed sale of the Company or its parts [1][3]. Group 1: Investigation Details - The investigation is being conducted by Berger Montague PC, focusing on whether the Board failed to maximize shareholder value during the sales process [3]. - The inquiry will assess if the Board adequately evaluated acquisition proposals for the Company or its divisions [3]. Group 2: Company Overview - Warner Bros. Discovery, Inc. is a multinational mass-media and entertainment conglomerate, involved in film and TV studios, streaming services, and cable/linear networks [2]. - The Company is headquartered in New York City [2]. Group 3: Law Firm Background - Berger Montague is a prominent law firm specializing in complex civil litigation, class actions, and mass torts, with over $2.4 billion in post-trial judgments in 2025 [4]. - The firm has recovered over $50 billion for its clients over its 55-year history [4].