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 ...

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, ...

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 ...

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 ...