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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Three Former Netflix Software Engineers Charged With Insider Trading By SEC
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deadline.comThree former Netflix software engineers have been charged by the U.S. Securities and Exchange Commission for insider tradingIn a complaint filed in federal court in Seattle, the regulatory agency alleges that the engineers and two associates generated more than $3 million in profits from a “long-running scheme.” The cornerstone of the setup, according to the complaint, was confidential information they obtained about Netflix subscriber growth.
Subscriber numbers, whether at Netflix or, more recently, Disney, AT&T and other companies, have been central to Wall Street’s embrace or rejection of stocks in recent years.The SEC’s complaint, Sung Mo “Jay” Jun was at the center of a long-running scheme to illegally trade on non-public information
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