Discovery, Inc.


Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Discovery To Contact Him Directly To Discuss Their Options

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Goldman Sachs Group, Inc. and Morgan Stanley (“Goldman Sachs” “Morgan Stanley” or the “Companies”) (NYSE: GS, MS) and reminds investors of the March 8, 2022 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Companies.

If you suffered losses exceeding $100,000 investing in Discovery (NASDAQ: DISCA) stock or options between March 22, 2021 and March 29, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

There is no cost or obligation to you.

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.

According to the Complaint, Goldman Sachs and Morgan Stanley sold a large amount of Discovery shares during the Class Period while in possession of material, non-public information about Archegos and its need to fully liquidate its position in the Company because of margin call pressure. As a result of these sales, Defendants Goldman Sachs and Morgan Stanley avoided billions in losses combined.

During one week in late March 2021, investment banks Goldman Sachs and Morgan Stanley traded on inside information by selling large amounts of DISCA stock based on then publicly undisclosed information obtained through their relationship with troubled multi-billion dollar family office Archegos Capital Management.

On this news, shares of Discovery, Inc. stock fell over 44% during the week of March 22, 2021 to March 29, 2021.

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Discovery, Inc.

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Details

Filed on 01/07/2022

Ticker DISCA

Class period 03/22/0021 - 03/29/2021

Lead Plaintiff Deadline 03/07/2022

42 days remaining

Office

685 Third Avenue 26th Floor

10017 New York, New York

Phone (212) 983-9330

Fax (212) 983-9331

Counsel

James M. Wilson, Jr. jwilson@faruqilaw.com Phone (212) 983-9330 Fax (212) 983-9331

Robert W. Killorin rkillorin@faruqilaw.com Phone (404) 847-0617 Fax (404) 506-9534

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685 Third Avenue 26th Floor
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(877) 247-4292
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Faruqi & Faruqi office in New York, New York

Faruqi & Faruqi office in Los Angeles, California

Faruqi & Faruqi office in Atlanta, Georgia

Faruqi & Faruqi office in Philadelphia, Pennsylvania