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Shareholders strike back against Disney over Kimmel kerfuffle
www.rawstory.com
Disney shareholders are demanding answers following the short-lived ousting of Jimmy Kimmel, and alleging that the late-night talk show host’s removal may have amounted to "capitulating to government pressure” — and is a potential violation of their shareholder rights.
“There is a credible basis to suspect that the [Disney] Board and executives may have breached their fiduciary duties of loyalty, care, and good faith by placing improper political or affiliate considerations above the best interests of the Company and its stockholders,” the letter reads, according to the report.
“[We reserve the right to file a lawsuit] in the event that members of the Board or Disney executives did not properly discharge their fiduciary duties.”
In the letter, the group – on behalf of the shareholders – allege that Disney’s stock “suffered significant declines” as a result of Kimmel’s suspension, and point to comments from President Donald Trump as potential proof that the company caved to his administration.

'This affair is far from over': Disney shareholders are now revolting over Jimmy Kimmel
Disney shareholders are demanding answers following the short-lived ousting of Jimmy Kimmel, and alleging that the late-night talk show host’s removal may have amounted to "capitulating to government pressure” — and is a potential violation of their shareholder rights.The American Federation of...

Disney shareholders are demanding answers following the short-lived ousting of Jimmy Kimmel, and alleging that the late-night talk show host’s removal may have amounted to "capitulating to government pressure” — and is a potential violation of their shareholder rights.
'This affair is far from over': Disney shareholders are now revolting over Jimmy Kimmel
“There is a credible basis to suspect that the [Disney] Board and executives may have breached their fiduciary duties of loyalty, care, and good faith by placing improper political or affiliate considerations above the best interests of the Company and its stockholders,” the letter reads, according to the report.
“[We reserve the right to file a lawsuit] in the event that members of the Board or Disney executives did not properly discharge their fiduciary duties.”
In the letter, the group – on behalf of the shareholders – allege that Disney’s stock “suffered significant declines” as a result of Kimmel’s suspension, and point to comments from President Donald Trump as potential proof that the company caved to his administration.
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