Disney Stockholders SUE Over Disney+ Streaming Losses | EXPLAINED w/ @LegalMindset

Walt Disney Company Stockholders File for Class Action Lawsuit Over Disney+ / Disney Plus Streaming Financial Losses | Disney Lawsuit EXPLAINED w/ Legal Mindset

After a few rough quarters of subscriber losses and mounting financial losses for Disney streaming services (DTC) like Disney+ , a group of stockholders is seeking a class action against The Walt Disney Company, former CEO Bob Chapek, and current CFO Christine McCarthy after the sharp Disney stock price drop in recent days since the latest Walt Disney Company Earnings Call.

Will this lawsuit actually render any results or will Disney likely just pay a small sum to settle? Find out with @ValliantRenegade and @LegalMindset

Disney, Ex-CEO Bob Chapek, CFO Hit With Shareholder Suit Over Streaming Losses
https://deadline.com/2023/05/disney-lawsuit-bob-chapek-cfo-shareholder-misleading-losses-1235367498/

#disney #disneyplus #disneyworld