Disney has been hit again with another lawsuit from investors over the alleged sleight of hand accounting the company used to hide streaming losses. And once again, some big names, Bobs past and pr…
has been hit again with another lawsuit from investors over the alleged sleight of hand accounting the company used to hide streaming losses.
“Plaintiff brings this action derivatively for the benefit of Nominal Defendant Disney against certain of the Company’s current executive officers and directors aiming to rectify the Defendants’ violations of the Exchange Act and breaches of fiduciary duties for issuing false and misleading statements and/or omitting material information in the Company’s public filings and proxy statements from approximately December 10, 2020 to the present,” says Stourbridge Investments in the August 23 filing...
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