'Disney Drops All But Free Speech Claim In Political Retaliation Suit Against DeSantis' - CNBC
Portfolio Pulse from Happy Mohamed
Disney has amended its federal lawsuit against Florida Gov. Ron DeSantis to focus solely on its First Amendment claim that the governor politically retaliated against the company following its criticism of a controversial bill. Disney has asked to drop its other claims in the case, which concern a dispute over Walt Disney World’s development contracts, as they are being actively pursued in a separate state-level lawsuit in Florida.
September 07, 2023 | 8:38 pm
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Disney's decision to amend its lawsuit against Florida Gov. DeSantis could potentially impact its public image and investor sentiment. The outcome of the lawsuit could also have financial implications for the company.
Disney's decision to amend its lawsuit and focus on the First Amendment claim could potentially impact its public image and investor sentiment. Depending on the outcome of the lawsuit, there could be financial implications for the company. However, it's too early to predict the direction of the impact.
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