Netflix hit with class action suit

[Evil Herbivore]

Netflix Hit With Class Action By Investors Over 2011 Stock Nosedive

As it struggles with a weakened stock and battered public perception, Netflix now finds itself the subject of a class-action lawsuit in California. A group of investors filed the suit in U.S. District Court "against Netflix and certain of its officers and/or directors", contending that "company insiders" at Netflix were "conceal[ing] negative trends" that preceded the stock's ultimate plummeting and selling NFLX stock while the stock was at that "artificially inflated" peak.

For background, on July 12, the day Netflix announced that it would split its DVD and streaming services, Netflix stock closed at a price of 291.27; on October 25, 2011, the final day of the class action lawsuit, the stock closed at 77.37. On Tuesday, Netflix was trading around the 97.00 mark.

Among the defendants named in the lawsuit are embattled Netflix CEO Reed Hastings; Chief Content Officer Ted Sarandos; and Chief Marketing Officer Leslie Kilgore

[eviltimes]

That wouldn't be Colonel Kilgore, would it?

[Sevorin]

No.

 

It's Private Kilgore.

[eviltimes]

I thought that was you in the USMC.

[Sevorin]

Me a mere private?

 

I quickly rose to Lance Corporal -- (well, maybe not so quickly). And that was in wartime, when rank was handed out with C-rations.

[eviltimes]

With C-rats, remember:  Peanut butter if ya got the runs, Grape Jelly if it's the other way around.  I miss those green cans, tiny box of cigs and the P-38s.

[Sevorin]

The peanut butter was, indeed, known as "asshole plaster".

 

I was thankful for the toilet paper and the John-Wayne opener. The chicken with noodles was okay -- so much better than the ham and lima beans.

 

The Lord of Hosts was thoughtful enough not to include a spam dinner. (Though a vague memory of some kinda egg shit -- I forget what else was in it -- triggers the same intense revulsion.)

 

Why didn't I get the survival kit Major Kong talks about? "One issue of prophylactics . . ."

[eviltimes]

That was for Air Force pukes, not you gyrenes.  Heaven forbid you should be issued "One hundred dollars in gold.."  

[Movie Girl]

Interesting. Food for thought -

[eviltimes]

Oh, Hi Leafeater!  Sorry for hijacking your thread, we're just keeping it bumped up, ya know.   ;)

[Evil Herbivore]

s'alright - I enjoyed the banter.

Now see new post that Kilgore has left the company - scapegoat?

[Sock Puppet]

Wow... heh heh heh.... Talk about an epic "FAIL"...

[42]

Talk about an epic asshole. hehehe?