Netflix, Inc. – SEC Investigation Update

Submitted by Probes Reporter on Thu, 2021-05-27 00:13

NFLX

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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