It is alleged in this complaint that fuboTV Inc. made materially misleading and/or false statements and/or failed to disclose that: (i) Fubo’s offering of products was subject to cost escalations that were undisclosed; (ii) fuboTV could not successfully perform and compete as a sports book operator and was not able to capitalize on its sole sports wagering opportunity; (iii) fuboTV’s inventory and data was not differentiated to allow it to achieve long-term advertising growth forecasts and goals; (iv) fuboTV overstated it’s valuation in light of its total subscription and revenue levels; (v) the acquisition of Balto Sport did not provide the stated synergies and internal expertise, and did not expand the fuboTV’s addressable market into online sports wagering. FuboTV’s public statements were materially misleading and/or false at all relevant times, as a result.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to email@example.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at firstname.lastname@example.org.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
1800 Century Park East, Suite 600
Los Angeles, CA 90067