Class Action Reports

DISCA Class Action: Learn About the Discovery Lawsuit

Levi & Korsinsky, LLP

January 17, 2022

Levi & Korsinsky, LLP announces that a DISCA class action lawsuit has been filed on behalf of investors who purchased Discovery Inc. (DISCA) securities between March 22, 2021, and March 29, 2021 For more on the DISCA Lawsuit please contact us today.

 

 

 

According to the Discovery lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: According to the filed complaint: Goldman Sachs and Morgan Stanley sold a large amount of Discovery shares during the class period while in possession of material, non-public information about Archegos and its need to fully liquidate its position in the Company because of margin call pressure. As a result of these sales, Defendants Goldman Sachs and Morgan Stanley avoided billions in losses combined.

 

TO LEARN MORE ABOUT THE DISCA CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Discovery you have until March 8, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com