ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Warner Bros. Discovery, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action

New York, NY–(Newsfile Corp. – January 1, 2025) – WHY? Rosen Law Firm, a global investor protection law firm, reminds Warner Bros. to purchasers of securities of Discovery, Inc. (NASDAQ: NASDAQ: ) from February 23, 2024 through August 7, 2024, both dates inclusive (the “Class Period”). January 24, 2025 lead plaintiff deadline.

SO WHAT? If you purchased WBD securities during the Class Period, you may be entitled to a refund without any cash fees or expenses through a contingency fee arrangement.

WHAT TO DO NEXT? To join the WBD class action, visit https://rosenlegal.com/submit-form/?case_id=31683 or call Philip Kim, Esq. 866-767-3653 or email email case@rosenlegal.com for more information.A class action lawsuit has already been filed. If you want to act as the main plaintiff, you must move to court no later than January 24, 2025. A lead plaintiff is a representative party acting on behalf of other class members in leading the litigation.

WHY CHOOSE ROSEN LAW? We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, notifying companies do not have comparable experience, resources or the recognition of any meaningful peers. Many of these firms do not actually handle securities class actions, but are simply brokers who refer clients or partners to law firms that actually handle litigation. Be Wise When Choosing Counsel The Rosen Law Firm represents investors worldwide, focusing its practice in securities class action and shareholder derivative litigation #1 rating by ISS Securities Class Action: (WA:) Services for securities class actions in 2017. The company has been ranked in the top 4 every year since 2013. In 2019 alone, the company secured more than 438 million dollars for investors Founding partner Lawrence Rosen was named a titan of plaintiffs’ counsel by law360.Many of the firm’s attorneys have been recognized By Lawdragon and Super Lawyers.

DETAILS OF THE CASE. According to the lawsuit, during the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: cause WBD to significantly reevaluate its business and goodwill; (2) WBD’s goodwill in its networks segment was significantly impaired as a result of the market capitalization and book value differential, continued softness in certain US advertising markets and uncertainty regarding the renewal of affiliate and sports rights, including with the NBA; (3) the foregoing has significantly increased the likelihood that WBD will incur billions of dollars in goodwill impairment charges; (4) accordingly, defendants overstated WBD’s overall business and financial prospects; and (5) as a result, WBD’s public statements were materially false and misleading at all relevant times.When the actual details entered the market, the suit alleges, investors suffered losses.

To join the WBD class action, visit https://rosenlegal.com/submit-form/?case_id=31683 or call Philip Kim, Esq. Toll free at 866-767-3653 or by email at case@rosenlegal.com.

No class has been certified. Unless you are represented by an attorney. You may choose to remain a member of the class and do nothing at this time potential future recovery is not dependent on serving as lead plaintiff.

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