Warner Bros. Discovery is a global media and entertainment company based in New York City, employing 35,300 people and operating through Studios, Networks, and DTC segments. Its brands include HBO, DC, and Discovery Channel.
WBD has been in the news recently: Levi & Korsinsky, LLP and Rosen Law Firm are representing investors in a class action lawsuit against Warner Bros. Discovery, alleging securities fraud and misleading business operations from February 23 to August 7, 2024. Both firms are investigating the company's practices during this period, which could impact investor confidence and stock performance.
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