Netflix

Filed on behalf of shareholder Johan Wallerstein, the lawsuit alleges that Netflix violated SEC regulations by making statements that were “materially false or misleading.”

The streaming giant is billions in debt as Disney, AT&T and others prepare to shell out large amounts of cash for new content.

The potential $70 milion paycheck is not completely out of the neighborhood of some of the previous headliners on Netflix.

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Disney’s new streaming service will cost subscribers $6.99 a month — but the majority of people said they are willing to pay up to $20 to access its movies and shows.

Earnings also influenced Wall Street. UnitedHealth Group on Thursday raised its 2019 profit outlook after beating estimates for financial results through June.

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While new streaming services such as Disney Plus and HBO Max are set to challenge Netflix’s dominance of the sector in the coming months, company executives said they did not believe competition was a major factor.

Prosecutors in Massachusetts dropped their case against actor Kevin Spacey, who was accused of groping a young man in 2016.

Presidential hopeful Pete Buttigieg will reportedly be attending a fundraiser hosted by Netflix CEO and co-founder Reed Hastings. 

Wall Street also noted the less-than-spectacular quarterly results of several major corporations.

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The stars of “Stranger Things” received a pay bump for the latest season, and some are making more in one episode than the average American does in a year.

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Say goodbye to watching reruns of “Friends” on Netflix -- this time for good.

Say goodbye to watching the “The Office” reruns on Netflix in 2021.

Netflix Chief Content Officer Ted Sarandos said he believes people will still pay for more streaming subscriptions in order to access the shows and movies they want.

According to the data, companies paid close to $262.7 billion in taxes in 2018, the first year the full tax law was in effect.

Netflix said it will rethink its “entire investment in Georgia” if the “heartbeat” abortion bill goes into effect in January.

The streaming giant will participate in a special panel entitled “Bringing Your Favorite Shows to Life: Developing Netflix Originals Into Video Games” at E3 Coliseum.