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IN RE NETFLIX, INC., SECURITIES LITIGATION

Case No. 12-00225 SC.

923 F.Supp.2d 1214 (2013)

In re NETFLIX, INC., SECURITIES LITIGATION.

United States District Court, N.D. California.

February 13, 2013.

Attorney(s) appearing for the Case

Michael Walter Stocker , Christopher J. Keller , Eric J. Belfi , Kimberly Kalmanson , Serena Hallowell , Stephen W. Tountas , Labaton Sucharow LLP, Jonathan M. Plasse , Goodkind Labation Rudoff & Sucharow LLP, Matthew M. Houston , Robert I. Harwood , Harwood Feffer LLP, Jeffrey M. Norton , Newman Ferrara LLP, New York, NY, Shawn A. Williams , Aelish Marie Baig , Ekaterini Maria Polychronopoulos , Robbins Geller Rudman and Dowd LLP, Jiangxiao Athena Hou , Zelle Hofmann Voelbel & Mason LLP, Rosemary M. Rivas , Finkelstein Thompson LLP, Jason A. Pikler , Robert C. Schubert , Willem F. Jonckheer , Schubert Jonckheer & Kolbe LLP, San Francisco, CA, Darren Jay Robbins , David Conrad Walton , Eric I. Niehaus , Jonah H. Goldstein , Matthew I. Alpert , Robbins Geller Rudman & Dowd LLP, San Diego, CA, Vincent Ian Parrett , Motley Rice LLC, Lionel Z. Glancy , Michael M. Goldberg , Glancy Binkow & Goldberg LLP, Los Angeles, CA, Mark P. Kindall , Izard Nobel LLP, West Hartford, CT, for Plaintiff.

Keith E. Eggleton , Boris Feldman , Luke Anthony Liss , Rodney Grant Strickland, Jr. , Wilson Sonsini Goodrich & Rosati, a Professional Corporation, Palo Alto, CA, for Defendant.

ORDER GRANTING MOTION TO DISMISS

SAMUEL CONTI, District Judge.

I. INTRODUCTION

Plaintiffs Arkansas Teacher Retirement System and State-Boston Retirement System ("Plaintiffs") bring this putative securities class action against Netflix, Inc. ("Netflix"); Netflix Co-Founder, Chairman of the Board, and CEO Reed Hastings ("Hastings"); current Netflix CFO David Wells ("Wells"); and Barry McCarthy ("McCarthy"), Netflix...

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