Disney is about to be hit with a MAJOR LAWSUIT, this letter from America First Legal lays out an irrefutable case of Disney of hurting its own shareholders with a “woke” political agenda that has its family friendly programs pushing “anti-police and anti-White content.”
They are also requesting Disney retain records to comply with a possible Section 220 demand, direct them to preserve all records relevant to the issues and concerns noted in their letter.
In addition they request, Disney distribute the letter to all shareholders in advance of the shareholder meeting on April 3, 2024.
The 50-page letter — penned by former US Department of Justice member and AFL’s senior vice president Reed Rubinstein — notes that Disney+ programming such as its “Rise Up, Sing Out” cartoon “tells young children that ‘racism in the world affects me and you’ and that their skin color is what defines them.”
This “woke virtue signaling” has had “economic and reputational consequences,” Rubinstein wrote, adding that since February 2021, Disney’s market cap has fallen nearly 40% — from $341 billion to $207 billion.
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