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 technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.