Return to Home

The Walt Disney Company

DIS

Find Out if You Qualify for a Financial Reward by filling out the form below.

Lead Plaintiff Deadline:
July 11, 2023

Days Left:
-370

calendar

The Walt Disney Company Form












Securities Fraud News does not share your information with others. There is no cost or obligation for you to submit.

Allegations

The filed complaint alleges that defendants made false statements and/or concealed that: (a) Disney+ was suffering decelerating subscriber growth, losses, and cost overruns; (b) the true costs incurred in connection with Disney+ had been concealed by Disney executives by debuting certain content intended for Disney+ initially on Disney’s legacy distribution channels and then making the shows available on Disney+ thereafter in order to improperly shift costs out of the Disney+ segment; (c) Disney Media and Entertainment Distribution had made platform distribution decisions based not on consumer preference, consumer behavior, or the desire to maximize the size of the audience for the content as represented, but based on the desire to hide the full costs of building Disney+’s content library; (d) the Company was not on track to achieve its 2024 Disney+ paid global subscriber and profitability targets, that such targets were not achievable, and that such estimates lacked a reasonable basis in fact; and (e) as a result of (a)-(d) above, defendants had materially misrepresented the actual performance of Disney+, the sustainability of Disney+’s historical growth trends, the profitability of Disney+, and the likelihood that Disney could achieve its 2024 Disney+ subscriber and profitability targets.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Disney purchased or acquired during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Disney during the relevant time frame, you have until July 11, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Find More Cases

Ticker Symbol Company Name Join Deadline
UNH UnitedHealth Group Inc. July 15, 2024 Join
TDOC Teladoc Health, Inc. July 16, 2024 Join
CMBM Cambium Networks Corporation July 22, 2024 Join
BIIB Biogen Inc. July 22, 2024 Join
FSLY Fastly, Inc. July 23, 2024 Join
ENPH Enphase Energy, Inc. July 29, 2024 Join
RIVN Rivian Automotive, Inc. July 30, 2024 Join
HTZ Hertz Global Holdings, Inc. July 30, 2024 Join
HUM Humana Inc. August 02, 2024 Join
MRNS Marinus Pharmaceuticals, Inc. August 05, 2024 Join
SMG The Scotts Miracle-Gro Company August 05, 2024 Join
GRTS Gritstone bio, Inc. August 06, 2024 Join
RBLX Roblox Corporation August 12, 2024 Join
TWOU 2U, Inc. August 12, 2024 Join
LW Lamb Weston Holdings, Inc. August 12, 2024 Join
TDC Teradata Corporation August 13, 2024 Join
NKE NIKE, Inc. August 19, 2024 Join
PATH UiPath, Inc. August 19, 2024 Join
FF FutureFuel Corp. August 23, 2024 Join
TM Toyota Motor Corporation August 23, 2024 Join
SRG Seritage Growth Properties August 30, 2024 Join
MDB MongoDB, Inc. September 09, 2024 Join
WBA Walgreens Boots Alliance, Inc. September 10, 2024 Join