{"id":451865,"date":"2021-03-05T11:03:34","date_gmt":"2021-03-05T16:03:34","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451865"},"modified":"2021-03-05T11:03:34","modified_gmt":"2021-03-05T16:03:34","slug":"fubo-investor-alert-bronstein-gewirtz-grossman-llc-notifies-fubotv-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fubo-investor-alert-bronstein-gewirtz-grossman-llc-notifies-fubotv-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-4\/","title":{"rendered":"FUBO Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies fuboTV Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>FUBO Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies fuboTV Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAttorney Advertising&#8211;Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against fuboTV Inc. (&#8220;Fubo&#8221; or &#8220;the Company&#8221;) (NYSE: FUBO) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Fubo securities between March 23, 2020 and January 4, 2021, both dates inclusive (the &#8220;Class Period&#8221;). Such investors are encouraged to join this case by visiting the firm\u2019s site: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bgandg.com%2Ffubo&amp;esheet=52384992&amp;newsitemid=20210305005004&amp;lan=en-US&amp;anchor=www.bgandg.com%2Ffubo&amp;index=1&amp;md5=2716848ff3b253c3d946209d2b1a2753\">www.bgandg.com\/fubo<\/a>.\n<\/p>\n<p><span style=\"font-weight:normal\">This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. <\/span><\/p>\n<p>\nThe complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, and failed to disclose to investors that: (1) Fubo\u2019s growth in subscriber and profitability were unsustainable past the seasonal surge in subscription levels; (2) Fubo\u2019s offering of products was subject to undisclosed cost escalations; (3) Fubo could not successfully compete and perform as sports book operator and could not capitalize on its only sports wagering opportunity; (4) Fubo\u2019s data and inventory was not differentiated to allow Fubo to achieve long-term advertising growth goals and forecasts; (5) Fubo\u2019s valuation was overstated in light of its total revenue and subscription levels; (6) the acquisition of Balto Sport did not provide the stated synergies, internal expertise, and did not expand the Company\u2019s addressable market into online sports wagering; and (7) as a result, defendants\u2019 public statements were materially false and\/or misleading at all relevant times.\n<\/p>\n<p><span style=\"font-weight:normal\">A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm\u2019s site: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bgandg.com%2Ffubo&amp;esheet=52384992&amp;newsitemid=20210305005004&amp;lan=en-US&amp;anchor=www.bgandg.com%2Ffubo&amp;index=2&amp;md5=c45934afcd1a5ea0880825dbe35d3f32\">www.bgandg.com\/fubo<\/a> or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz &amp; Grossman, LLC at 212-697-6484. If you suffered a loss in Fubo you have until April 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff. <\/span><\/p>\n<p>\nBronstein, Gewirtz &amp; Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm\u2019s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210305005004r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210305005004\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210305005004\/en\/<\/a><\/span><\/p>\n<p>\nBronstein, Gewirtz &amp; Grossman, LLC<br \/>\n<br \/>Peretz Bronstein or Yael Hurwitz<br \/>\n<br \/>212-697-6484 | <a rel=\"nofollow\" href=\"mailto:info@bgandg.com\">info@bgandg.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210305005004\/en\/779279\/3\/Screen_Shot_2020-03-10_at_10.22.21_AM.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>FUBO Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies fuboTV Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm NEW YORK&#8211;(BUSINESS WIRE)&#8211; Attorney Advertising&#8211;Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against fuboTV Inc. (&#8220;Fubo&#8221; or &#8220;the Company&#8221;) (NYSE: FUBO) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Fubo securities between March 23, 2020 and January 4, 2021, both dates inclusive (the &#8220;Class Period&#8221;). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/fubo. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fubo-investor-alert-bronstein-gewirtz-grossman-llc-notifies-fubotv-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FUBO Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies fuboTV Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-451865","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FUBO Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies fuboTV Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fubo-investor-alert-bronstein-gewirtz-grossman-llc-notifies-fubotv-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FUBO Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies fuboTV Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FUBO Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies fuboTV Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm NEW YORK&#8211;(BUSINESS WIRE)&#8211; Attorney Advertising&#8211;Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against fuboTV Inc. (&#8220;Fubo&#8221; or &#8220;the Company&#8221;) (NYSE: FUBO) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Fubo securities between March 23, 2020 and January 4, 2021, both dates inclusive (the &#8220;Class Period&#8221;). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/fubo. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint &hellip; Continue reading &quot;FUBO Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies fuboTV Inc. 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Investors of Class Action and Encourages Shareholders to Contact the Firm NEW YORK&#8211;(BUSINESS WIRE)&#8211; Attorney Advertising&#8211;Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against fuboTV Inc. (&#8220;Fubo&#8221; or &#8220;the Company&#8221;) (NYSE: FUBO) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Fubo securities between March 23, 2020 and January 4, 2021, both dates inclusive (the &#8220;Class Period&#8221;). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/fubo. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint &hellip; Continue reading \"FUBO Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies fuboTV Inc. 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