Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Warner Bros. Discovery, Inc. (WBD) Class Action Lawsuit (September 2022)

Closed

24-646 • September 23, 2022

Class Period Start

February 4, 2022

Class Period End

September 23, 2022

PSLRA Deadline

November 22, 2022

Case Allegations

Sec11

Statutes of Repose

Feb 4, 2025

Country

United States

Court

Federal Court

Docket History

Mar 4, 2024

On Appeal

Feb 5, 2024

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Apr 7, 2023

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Apr 7, 2023

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Feb 15, 2023

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Warner Bros. Discovery, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Dec 14, 2022

Scheduling Order

Dec 12, 2022

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Oct 24, 2022

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Warner Bros. Discovery, Inc.. The allegations and class definitions are substantively the same.

Sep 23, 2022

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Warner Bros. Discovery, Inc..

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