WBD Deadline Today: Rosen, a highly regarded law firm, is pushing Warner Bros. Discovery, Inc. Investors to secure advisers ahead of important January 24 deadline in securities class action

New York, New York -(Newsfile Corp. -January 24, 2025) – WHY: Rosen Law Firm, a global investor law firm, reminds buyers of Warner Bros. securities. Discovery, Inc. (NASDAQ: NASDAQ 🙂 Between February 23, 2024 and August 7, 2024, both dates (the “Class Period”), the important January 24, 2025, the main prosecution deadline.

So what: If you purchased WBD Securities during the Class Period, you may be entitled to compensation without paying any out-of-pocket fees or expenses through a contingency fee arrangement.

What next: To join the WBD Class Action, go to https://rosengelal.com/submit-form/?case_id=31683 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you want to serve as the chief prosecutor, you have to move the court no later than January 24, 2025. The lead plaintiff is the representative party who acts on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select a qualified advisor with a track record of leadership. Often the firms issuing the notices do not have comparable experience, resources or any significant peer recognition. Many of these firms do not actually compete in securities classes, but are merely brokers who refer clients or partner with law firms that actually litigate. Be wise in choosing your advice. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm achieved the largest class action settlement ever at that time. Law firm Rosen ranked 1st in ISS Securities Action (WA 🙂 Services for the number of securities action settlements in 2017. The company has been ranked in the top 4 every year since 2013 and has accounted for hundreds of millions of dollars for investors. In 2019 alone, the company secured more than $438 million for investors. In 2020, founder Laurence Rosen was named a titan of plaintiffs by Law360. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

Case details: According to the lawsuit, during the class period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) WBD’s sports rights negotiations with the National Basketball Association (“NBA”) caused or were likely to be Cause, WBD to significantly review its operations and goodwill; (2) Goodwill WBD -in its networks segment deteriorated significantly as a result of the difference between its market capitalization and book value, continued softness in certain US advertising markets and uncertainties related to the renewal of affiliate and sports rights, including the NBA; (3) the foregoing substantially increased the likelihood that WBD would incur billions of dollars in goodwill impairment charges; (4) accordingly, the defendants overestimated the overall business and financial prospects of WBD; and (5) as a result, WBD’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit alleges, investors were harmed.

To join the WBD Class Action, go to https://rosengelal.com/submit-form/?case_id=31683 or call Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for class action information.

No classes are certified. Until the class is certified, the attorney does not represent you if you do not retain it. You can choose the advice of your choice. You can also remain an absent member of the class and do nothing at this time. The investor’s ability to share in any potential future recovery is not dependent on the service of the lead plaintiff.

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To view the original version of this press release, please visit https://www.newsfilecorp.com/release/238310