Photo: by JorgeEduardo/Adobe Stock Netflix Offices Raided by Authorities in Paris and Amsterdam
A French judicial source said that the searches are part of a preliminary investigation opened in November 2022 on charges of "aggravated tax fraud and concealed work in an organized gang."
November 05, 2024 at 11:19 AM
2 minute read
Regulation
Netflix's offices in Paris and Amsterdam were raided on Tuesday by regulatory authorities, as part of an investigation into alleged tax fraud.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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