A federal judge this week approved a request by Netflix to dismiss a shareholder’s lawsuit that accused the company of concealing the effects of password sharing on subscriber growth. The lawsuit was filed in 2022 after Netflix reported a loss of 200,

Netflix defeats a shareholder lawsuit alleging it downplayed account sharing’s impact on subscriber growth, case dismissed with prejudice.

Netflix won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber growth of account sharing, where paying members share user names and passwords with nonpaying members in other households.