An investigation on behalf of investors in Netflix, Inc. (NASDAQ:NFLX) shares over potential wrongdoing at Netflix was announced and NASDAQ:NFLX stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 09/12/2016 -- Certain directors of Netflix, Inc are under investigation concerning possible wrongdoing. The investigation was announced for long-term investors in NASDAQ:NFLX shares over potential breaches of fiduciary duties by certain directors at Netflix.
Investors who purchased shares of Netflix, Inc. (NASDAQ:NFLX) and currently hold any of those NASDAQ:NFLX shares have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm concerns whether certain Netflix directors breached their fiduciary duties and caused damage to the company and its shareholders.
Netflix, Inc. reported that its annual Total Revenue rose from over $5.5 billion in 2014 to over $6.77 billion in 2015 while its Net Income declined from $266.80 million in 2014 to $122.64 million in 2015.
Shares of Netflix, Inc. (NASDAQ:NFLX) closed on September 9, 2016, at $96.50 per share.
Those who purchased shares of Netflix, Inc. have certain options and should contact the Shareholders Foundation.
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