Credit: By Anna Quelhas/Adobe Stock Delaware Shareholder Lawsuit Against Disney Claims Insider Trading by Execs
The complaint claims that since December 2020, Disney has been misleading investors about its streaming platform by concealing expenses and the difficulty of sustaining subscriber growth.
November 17, 2023 at 03:47 PM
3 minute read
A Walt Disney Co. shareholder has filed a derivative case in the Court of Chancery, claiming the company's management violated its duties by overselling the growth potential of Disney+.
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