Iger’s Newest Lawsuit
Iger had to know this one was one coming The inevitable shareholder lawsuit. From Forbes: “Disney leadership faces a fresh lawsuit from shareholders accusing management of knowingly deceiving investors about the financial health of its core Disney+ streaming service, as frustrations hit a fever pitch with the stock wobbling near a nine-year low. Beginning in December 2020, Disney’s top executives “repeatedly misled investors” about the extent of Disney+’s losses, according to the complaint filed Wednesday by New Jersey-based Stourbridge Investments, first reported on by...