A police pension board in downstate Illinois who received Warner Brothers Discovery stock in trade for Discovery Communications stock when the merger took place claims that WBD overstated HBO Max subscriber figures by over 10M by including AT&T phone subscribers who received the service for free, among other unstated irregularities, and is filing a class action suit against WBD, Daddy Zaslav and the company's CFO:
https://www.thewrap.com/warner-bros-discovery-hbo-max-subscribers-class-action-lawsuit/?utm_source=newsletter&utm_medium=email&utm_campaign=breaking_news_7027247 At the time merger, Discovery stock was trading at about $25 a share. Right now, WBD stock is at $11.66 a share. -- You received this message because you are subscribed to the Google Groups "TVorNotTV" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/tvornottv/91035bee-36ce-4c7f-aec0-f844d91b0c53n%40googlegroups.com.
