Netflix, Inc. – NFLX: SEC Investigation Update
An undisclosed SEC investigation is again confirmed. This is our third time warning of an undisclosed SEC investigation at Netflix since Sep-2019. The first FOIA response indicating an SEC investigation was dated 06-Jul-2019, again confirmed as ongoing as of 21-Apr-2021. In the past we observed Netflix investors appeared highly focused on recently emerged competitors as well as changes to subscriber numbers and margins. Maybe the SEC noticed? Maintained on Watch List.
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