Judge Rejects Paramount's Bid to Expedite Warner Bros. Disclosure Lawsuit

• Delaware Judge Morgan Zurn denied Paramount Skydance Corp.'s request to fast-track its lawsuit against Warner Bros. Discovery Inc.
• Paramount accused Warner Bros. directors of misleading investors about Netflix Inc.'s $82.7 billion buyout offer.
• The judge ruled that Paramount failed to demonstrate "irreparable harm" from the alleged inadequate disclosures.
• Paramount, as a shareholder, could not claim immediate injury from the information provided to investors.
• The lawsuit is part of an ongoing takeover battle between Paramount and Netflix for control of Warner Bros.

Why It Matters: A Delaware judge rejected Paramount's attempt to expedite its lawsuit against Warner Bros. over Netflix deal disclosures.