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Here is a breakdown of some of the legal battles happening inside the Mouse House.
What is the new shareholder lawsuit about?
The projections, it turned out, were only that.
So, can shareholders just sue when profits go down?
This is where the shareholder lawsuits come in.
They did so by purposefully, recklessly, or negligently releasing improper [financial] statements.
So, its not so much the lackluster results from Disney+, but allegedly misstating its potential growth.
Hiding data, Silver explained, could be a violation of law.
Didnt Disney recently win a shareholder lawsuit?
Per the judge, The plaintiff and his counsel may disagree with Disneys position on [the bill].
But their disagreement is not evidence of wrongdoing, Bloombergreported.
Do shareholder lawsuits ever go anywhere?
They play a very important role and at times can have a very substantial financial impact on the company.
What about the messy Disney v. DeSantis drama?
Disney publicly opposed DeSantiss Dont Say Gay bill after getting flack for not speaking out about the anti-LGBTQ+ legislation.
DeSantis responded by taking control of Disneys self-governing district and creating a state-run district.
