After "Turbo" tanked, DreamWorks Animation waited longer that usual to write it off. In that time, CEO Jeffrey Katzenberg sold shares. AP “Turbo” may have been about the world’s fastest snail, but the ...

An executive can offer investors a view that turns out to be wrong without committing fraud, a U.S. District Court judge said today in granting DreamWorks Animation’s motion to dismiss a class action ...

A judge fails to see enough facts supporting allegations that the studio knew of the fraudulent nature of earnings-call statements or acted with deliberate recklessness. By Eriq Gardner Former Legal ...

DreamWorks Animation was cleared of class-action suit charges that it hid bad news and misled investors over prospects for its “Turbo” toon. A California federal judge dismissed the suit Wednesday, ...

So much for CEO Jeffrey Katzenberg’s prediction that Turbo would be profitable. DreamWorks Animation‘s shares are down 5.6% in post-market trading after releasing a Q4 earnings report that includes a ...

The stock is down 7% midday as investors try to determine how much, or little, DreamWorks Animation can expect from Turbo following its weaker-than-expected $31.1M domestic opening weekend box office ...

Animated film's box office performance factors into two deals between the companies “Turbo” got off to a slow start this past weekend, earning just $21.5 million in three days, with $31.2 million in ...

DreamWorks Animation is putting a twist on the free-to-play model of mobile gaming and will pay up to $1 million in cash to players of its “Turbo Racing League” app. The prize dubbed the “$1,000,000 ...

A judge fails to see enough facts supporting allegations that the studio knew of the fraudulent nature of earnings-call statements or acted with deliberate recklessness. By Eriq Gardner Legal ...