Berger Montague Investigates Warner Bros. Discovery Board for Alleged Breach of Fiduciary Duty

"Berger Montague PC is investigating Warner Bros. Discovery, Inc.’s Board of Directors for potential breaches of fiduciary duty and other state-law violations in connection with the proposed sale of the company or parts of it. The firm advises and represents Warner Bros. shareholders in the inquiry."

Berger Montague PC represented shareholders of Warner Bros. Discovery, Inc. in an investigation concerning the company’s Board of Directors and its conduct in connection with a proposed sale of the company or certain business units. Warner Bros. Discovery, headquartered in New York City, is a multinational media and entertainment conglomerate operating film and television studios, streaming services and cable/linear networks. The investigation addresses whether the Board breached its fiduciary duties and engaged in other violations of state law while overseeing the Company’s sales process. In particular, Berger Montague is examining whether the Board adequately and fairly evaluated proposals to acquire the Company or particular businesses within it and whether the Board’s actions failed to maximize shareholder value. Berger Montague PC represented shareholders of Warner Bros. Discovery, Inc. with a team composed by: Radha Raghavan, Associate; Andrew Abramowitz, Senior Counsel.

Berger Montague Investigates Warner Bros. Discovery Board for Alleged Breach of Fiduciary Duty

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