A new lawsuit filed by a Disney investor demands the company turn over internal records regarding the company’s response to the controversial Parental Rights in Education Bill, commonly referred to as “Don’t Say Gay.”
The saga which we covered extensively earlier this year resulted in Florida Gov. Ron DeSantis signing a bill which repealed the Reedy Creek Improvement District. The District allowed Disney to set its own taxes and building codes as well as provide its own essential services at the Walt Disney World Resort near Orlando.
According to Bloomberg, investor Kenneth Simone has sued in Delaware Chancery Court after Disney “created far-reaching financial risks” for the company through its response to the bill. In his 22-page demand, he outlines his demand for internal records from the company which surrounded their response to the bill. These so-called “books and records” demands are often granted in Delaware. Simone stated “The financial repercussions from Disney’s actions, and resulting harm to the company and its stockholders, have been swift and severe.”
Photo credit: WDW News Today
