Faruqi & Faruqi represents a class of subscribers to Netflix alleging a per se illegal market allocation agreement between it and Wal-Mart. Plaintiffs alleged a scheme where Walmart agreed with Netflix to stay out of the DVD rental business in exchange for Netflix staying of the DVD sales business. Plaintiffs have settled with Walmart for approximately $27 million, which is subject to final Court approval in March 2012.
Faruqi & Faruqi, LLP
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Jenkintown, PA 19046
Tel: (215) 277-5770
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