Column: New Starz suit reveals latest mass arbitration defense: Make customers pay for mediation [Reuters]
Lions Gate Entertainment Corporation Class A Voting Shares (LGF.A)
Last lions gate entertainment corporation class a voting shares earnings: 2/6 04:05 pm
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Source: Reuters
I've already told you about companies requiring consumers to arbitrate claims in small batches using class actions to settle disputes after barring consumers from suing as a class and even suing customers for allegedly skipping pre-arbitration requirements. But here's a tactic I haven't seen before: The pay-TV company Starz Entertainment, which requires consumers to engage in mediation before they file a formal arbitration case, is insisting that customers split mediation costs, according to a new petition , opens new tab to compel arbitration. Mediation can cost upward of $10,000 a day, the filing said. So, according to plaintiffs' lawyers from Keller Postman, Starz is effectively insisting that its customers put up thousands of dollars in mediation fees before they can bring an actual arbitration claim. That, according to Keller Postman, is a violation of California law. Fair warning: There are definitely two sides to this story. Starz, as I'll explain, contends that its goal
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News
- Hasbro Shares Rise as First-Quarter Earnings Beat Estimates [BNN Bloomberg (Canada)]BNN Bloomberg
- Here's Why Lions Gate Entertainment (LGF.A) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- Lions Gate (LGF.A) Moves to Buy: Rationale Behind the Upgrade [Yahoo! Finance]Yahoo! Finance
- Are Investors Undervaluing Lions Gate Entertainment (LGF.A) Right Now? [Yahoo! Finance]Yahoo! Finance
- Is Now An Opportune Moment To Examine Lions Gate Entertainment Corp. (NYSE:LGF.A)? [Yahoo! Finance]Yahoo! Finance
LGF.A
Earnings
- 2/8/24 - Beat
LGF.A
Sec Filings
- 4/12/24 - Form DEFA14A
- 4/12/24 - Form 8-K
- 4/3/24 - Form 4
- LGF.A's page on the SEC website