'Disney drops all but free speech claim in political retaliation suit against DeSantis' -CNBC
Portfolio Pulse from Bill Haddad
Disney has decided to drop all but the free speech claim in its political retaliation lawsuit against Florida Governor Ron DeSantis. The company had previously accused DeSantis of retaliating against it for its opposition to a controversial state law.
September 07, 2023 | 8:27 pm
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Disney's decision to drop most of its claims against DeSantis could reduce the company's legal expenses and potential reputational risks.
Disney's decision to drop most of its claims in the lawsuit against DeSantis could potentially reduce its legal expenses and reputational risks. However, the impact on the company's stock price is uncertain as it also depends on other factors such as the company's overall financial performance and market conditions.
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