The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of FuboTV, Inc. (FUBO) Investors
LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired FuboTV, Inc. (“Fubo” or the “Company”) (NYSE: FUBO) common stock between March 23, 2020 and January 4, 2021, inclusive (the “Class Period”). Fubo investors have until April 19, 2021 to file a lead plaintiff motion.
If you are a shareholder who suffered a loss, click here to participate.
On December 30, 2020, Kerrisdale Capital published a report titled “fuboTV Inc. (FUBO), Requiem for a Stream,” which criticized Fubo’s core subscription business as “structurally unprofitable” due to “high variable content costs with…