Recent Security Class Actions

FUBOTV INC (US TRADING VENUE: FUBO)

Company Name:FUBOTV INC
Stock Symbol:US TRADING VENUE: FUBO
Class Period Start:05/20/2020
Class Period End (inclusive):01/04/2021
Filing Deadline:04/18/2021

According to the Complaint, Virtual Multichannel Video Programming Distributors (“vMVPDs”), like Fubo, aggregate live and on-demand television content for delivery over the internet. Unlike traditional cable TV or satellite provider, Fubo does not supply its own data transport infrastructure (e.g., the cable) and instead relies on subscribers to maintain their own internet connection to access its service. vMVPDs offer service and product bundles to subscribers offering channels at a lower monthly rate than offered by traditional cable/satellite providers. There currently are 271 online video services vMVPDs that provide viewers with content from broadcast and cable network as well as streaming providers.