Discovery Faces Shareholder Suit Over Proposed Transaction With AT&T's WarnerMedia
This suit was surfaced by Law.com Radar. Read the complaint here.
December 20, 2021 at 10:14 PM
1 minute read
Discovery and its board of directors were slapped with a shareholder lawsuit Monday in California Central District Court. The lawsuit, filed by Weisslaw LLP, seeks to enjoin a proposed transaction that would combine AT&T's WarnerMedia unit with Discovery to create a standalone entertainment company. Counsel have not yet appeared for the defendants. The case is 2:21-cv-09799, Finger v. Discovery, Inc. et al.
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