Correcting and replacing holzer holzer & fistel, llc announces
investigation into potential claims for breaches of fiduciary duty by
certain officers and directors of netflix, inc.
Atlanta--(business wire)--first graph, second sentence should read: on january 13, 2012 (sted on january 13, 2011) the corrected release reads: holzer holzer & fistel, llc announces investigation into potential claims for breaches of fiduciary duty by certain officers and directors of netflix, inc. holzer holzer & fistel, llc announces that it is investigating potential breaches of fiduciary duty by certain officers and directors of netflix, inc. (“netflix” or the “company”) (nasdaq: nflx). on january 13, 2012, an investor filed a class action lawsuit in the northern district of california alleging that netflix violated the federal securities laws between december 20, 2010 and october 24, 2011 (the “class period”). the lawsuit alleges, among other things, that during the class period the company concealed or misrepresented certain facts relating to costs and pricing structure which caused company stock to trade at artificially inflated prices. holzer holzer & fistel, llc’s investigation seeks to determine if the allegations contained in the class action complaint also give rise to separate claims for breaches of fiduciary duty. if you have continuously held shares since at least december 20, 2010, and plan to continue to hold at least some shares of netflix, and would like to discuss your legal rights, you may contact michael i. fistel, jr., esq. or marshall p. dees, esq. via email at mfistel@holzerlaw.com or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832. holzer holzer & fistel, llc is an atlanta, georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. more information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. holzer holzer & fistel, llc has paid for the dissemination of this promotional communication, and michael i. fistel, jr. is the attorney responsible for its content.
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