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Warner Bros. Discovery Wants Suit Over $43B Tie-Up Tossed

By Jade Martinez-Pogue (April 10, 2023, 2:20 PM EDT) -- Media giants Discovery Inc. and Warner Bros. asked a New York federal judge to toss a proposed class action filed by Discovery investors accusing the company of keeping them in the dark about the flagging performance of Warner's streaming service HBO Max, arguing that the investors failed to adequately argue their securities claims and that the suit is a "classic case of pleading by hindsight."...

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