{"id":526359,"date":"2022-12-13T21:11:53","date_gmt":"2022-12-13T18:11:53","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/disney-investor-sues-over-companys-response-to-dont-say-gay-bill\/"},"modified":"2022-12-13T21:11:53","modified_gmt":"2022-12-13T18:11:53","slug":"disney-investor-sues-over-companys-response-to-dont-say-gay-bill","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/disney-investor-sues-over-companys-response-to-dont-say-gay-bill\/","title":{"rendered":"#Disney investor sues over company&#8217;s response to &#8216;Don&#8217;t Say Gay&#8217; bill"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a23e7529c33e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a23e7529c33e\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/disney-investor-sues-over-companys-response-to-dont-say-gay-bill\/#%E2%80%9CDisney_investor_sues_over_companys_response_to_%E2%80%98Dont_Say_Gay_bill%E2%80%9D\" >&#8220;Disney investor sues over company&#8217;s response to &#8216;Don&#8217;t Say Gay&#8217; bill&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CDisney_investor_sues_over_companys_response_to_%E2%80%98Dont_Say_Gay_bill%E2%80%9D\"><\/span>&#8220;Disney investor sues over company&#8217;s response to &#8216;Don&#8217;t Say Gay&#8217; bill&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>A Disney investor claimed the Mouse House created a \u201cfar-reaching\u201d financial risk for itself by opposing Florida\u2019s controversial so-called \u201cDon\u2019t Say Gay\u201d bill, according to a new lawsuit. <\/p>\n<p>The 22-page suit filed late Friday from investor\u00a0Kenneth Simeone demands that Disney turn over its internal records about its opposition to the law limiting instruction on sexual orientation or gender identity in elementary schools. <\/p>\n<p>By criticizing the law, Disney lost control over tax and improvement issues on the Orlando-based <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">theme<\/a> park, the suit said.<\/p>\n<p>\u201cThe financial repercussions from Disney\u2019s actions, and resulting harm to the company and its stockholders, have been swift and severe,\u201d Simeone alleged in court papers. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/disney-35.jpg?w=1024\" alt=\"\" class=\"wp-image-24993835\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/disney-35.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/disney-35.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/disney-35.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Gov. Ron DeSantis signed the controversial Florida bill into law in March. <\/figcaption><figcaption><span class=\"credit\">SOPA Images\/LightRocket via Gett<\/span><\/figcaption><\/figure>\n<p>Disney did not returns requests for comment. <\/p>\n<p>According to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-12-12\/disney-investor-demands-files-over-opposition-to-florida-s-don-t-say-gay-law?leadSource=uverify%20wall\">Bloomberg News<\/a>, the lawsuit is a so-called \u201cbooks and records\u201d action, demanding documents that can be used to later sue Disney directors over the decision to oppose the Florida law. Delaware judges often grant such file requests, Bloomberg said. <\/p>\n<p>The \u201cDon\u2019t Say Gay\u201d conflict blew up under Disney\u2019s former CEO Bob Chapek, who initially wobbled on his response to the bill, opting not to weigh in. Drawing ire from Disney employees, Chapek came out against the bill, vowing that Disney would pause all political donations.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/disney-dress-04.jpg?w=1024\" alt=\"Visitors walk along Main Street at The Magic Kingdom as Walt Disney World reopens following Hurricane Ian on September 30, 2022 in Orlando, Florida.\" class=\"wp-image-24751214\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/disney-dress-04.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/disney-dress-04.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/disney-dress-04.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Disney World was s<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>ped of its special municipal district, after the company opposed the \u201cDon\u2019t Say Gay\u201d law.<\/figcaption><figcaption><span class=\"credit\">AFP via Getty Images<\/span><\/figcaption><\/figure>\n<p>In late March, DeSantis moved quickly to sign the bill into law. Weeks later, DeSantis signed legislation that would eliminate Disney\u2019s special-municipal district, called \u201cReedy Creek,\u201d which the company had operated in the state since the late 1960s.<\/p>\n<p>The dissolution of Reedy Creek means that Disney lost control of decisions about taxation, infrastructure improvements for the theme park and its surrounding areas, and could be on the hook for billions in additional debt. <\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/Bob-Iger-55-1.jpg?w=1024\" alt=\"bob iger\" class=\"wp-image-24993905\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/Bob-Iger-55-1.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/Bob-Iger-55-1.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/Bob-Iger-55-1.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Relations between Disney and Florida have improved somewhat since CEO Bob Iger returned to the company.<\/figcaption><figcaption><span class=\"credit\">Getty Images for Disney<\/span><\/figcaption><\/figure>\n<p>Disney\u2019s board ousted Chapek in late November amid tepid financial results and after a slew of PR gaffes, replacing him with longtime CEO Bob Iger. Iger, who had stepped away from the top job two years earlier, has stressed Florida\u2019s importance to the company. According to reports, the Sunshine State is softening its approach and is drafting a revision to the deal.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/12\/13\/disney-investor-sues-over-companys-response-to-dont-say-gay-bill\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Disney investor sues over company&#8217;s response to &#8216;Don&#8217;t Say Gay&#8217; bill&#8221; A Disney investor claimed the Mouse House created a \u201cfar-reaching\u201d financial risk for itself by opposing Florida\u2019s controversial so-called \u201cDon\u2019t Say Gay\u201d bill, according to a new lawsuit. The 22-page suit filed late Friday from investor\u00a0Kenneth Simeone demands that Disney turn over its internal&#8230;<\/p>\n","protected":false},"author":1,"featured_media":526360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/newspress-collage-24993131-1670955007488.jpg?quality=75&strip=all&1670937082&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[137159,1648,1569,6642,70446,29102,1646],"class_list":["post-526359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-12-13-22","tag-disney-world","tag-disney","tag-florida","tag-lawsuits","tag-ron-desantis","tag-theme-parks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/526359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=526359"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/526359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/526360"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=526359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=526359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=526359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}