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 ...

(Reuters) - DreamWorks Animation SKG Inc reported a fall in quarterly revenue as it did not release any major movie in the period and said it took a charge due to the continued poor performance of ...

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 ...