Netflix can’t seem to catch a break and this time the company is facing a class action lawsuit. A group of investors is suing Netflix, claiming that the company and its insiders concealed negative trends that preceded the plummeting of its stock. Netflix’s CEO Reed Hastings is among the defendants named in the lawsuit. Read the full article at HuffingtonPost.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.