In re Netflix, Inc. Securities Litigation

1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 FIYYAZ PIRANI, Case No. 22-cv-02672-JST 8 Plaintiff, ORDER GRANTING MOTION TO 9 v. DISMISS 10 NETFLIX, INC., et al., Re: ECF No. 31 Defendants. 11 12 13 Before the Court is Defendants Netflix, Inc. (“Netflix” or the “Company”), Reed Hastings, 14 Ted Sarandos, Spencer Neumann, and Gregory Peters’s motion to dismiss the consolidated 15 amended class action complaint (“CAC”). ECF No. 31. The Court will grant the motion. 16 I. BACKGROUND1 17 Lead Plaintiff Fiyyaz Pirani, as a trustee of Imperium Irrevocable Trust, brings…