Excerpt:
Netflix [...] won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber growth of account sharing, where paying members share user names and passwords with nonpaying members in other households. The proposed class action led by a Texas-based trustee began after Netflix revealed in April 2022 it had lost 200,000 subscribers in the prior quarter, the first decline in a decade, and might lose 2 million more in the next three months. [...]
