Warner Bros. Discovery Sued For Misleading Investors On NBA Before Losing It
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Warner Bros. Discovery is facing a lawsuit from a shareholder for allegedly misleading investors about the impact of losing its NBA rights deal, which could have significant financial implications.
November 27, 2024 | 12:00 am
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Warner Bros. Discovery is being sued by a shareholder for allegedly misleading investors about the impact of losing its NBA rights deal, which could affect the company's financial performance and stock price.
The lawsuit claims Warner Bros. Discovery misled investors about the financial impact of losing its NBA rights. This could lead to negative sentiment and a potential decline in stock price as investors reassess the company's future revenue streams.
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