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Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (WBD)
TMX Newsfileยท 2025-12-22 14:06
Core Viewpoint - An investigation is being conducted into Warner Bros. Discovery, Inc.'s Board of Directors for potential breaches of fiduciary duties and violations of state law related to the proposed sale of the Company or its parts [1][3]. Group 1: Investigation Details - The investigation by Berger Montague focuses on whether the Board failed to maximize shareholder value by adequately evaluating acquisition proposals for the Company or its segments [3]. - Shareholders are encouraged to contact Berger Montague for more information regarding the investigation [2]. 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 law firm Berger Montague has a strong track record in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [4].