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Class Action Cases

A class action has been filed on behalf of FUBO Investors. Click "Join this Class Action" above.

Attorneys

fuboTV Inc.

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If you bought fuboTV Inc. securities between March 23, 2020 through January 4, 2021, and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against fuboTV Inc. – FUBO

New York, N.Y., February 22, 2021. Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of fuboTV Inc. (NYSE: FUBO) between March 23, 2020 and January 4, 2021, inclusive (the “Class Period”).

To join the FUBO class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=fubotv-inc&id=2592 call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action.

Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.

According to the lawsuit,  throughout the Class Period (1) Fubo’s growth in subscriber and profitability were unsustainable past the seasonal surge in subscription levels; (2) Fubo’s offering of products was subject to undisclosed cost escalations; (3) Fubo could not successfully compete and perform as sports book operator and could not capitalize on its only sports wagering opportunity; (4) Fubo’s data and inventory was not differentiated to allow Fubo to achieve long-term advertising growth goals and forecasts; (5) Fubo’s valuation was overstated in light of its total revenue and subscription levels; (6) the acquisition of Balto Sport did not provide the stated synergies, internal expertise, and did not expand the Company’s addressable market into online sports wagering; and (7) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 19, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to  http://zhanginvestorlaw.com/join-action-form/?slug=fubotv-inc&id=2592 or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.