Kimmel Corporate Fallout: Threatening Legal Action, Disney Shareholders Want To Know If "Improper Political Or
Affiliate Pressures Went Into Hosts Weeklong Suspension
Jimmy Kimmel is back on ABC after a weeklong suspension, but the lawyer who beat Donald Trump in sexual abuse and defamation cases wants the Walt Disney Company to come clean with its shareholders about how it all went down or else.
There is a credible basis to suspect that the 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, says a letter delivered to Bob Iger today from Roberta Kaplan and other lawyers for the American Federation of Teachers, mega-union the AFL-CIO and Reporters Without Borders.
The Companys response to the books and records demands set forth below will allow AFT and RWB to assess the ability of the Board to impartially consider a demand for action, including a request for permission to file a derivative lawsuit on Disneys behalf in the event that members of the Board or Disney executives did not properly discharge their fiduciary duties, the attorneys for the House of Mouse shareholders add.
Connecting all the red string on possible root causes of Kimmels benching on an alliance of MAGA strong-arming, a FCC chair eager to hand the boss a scalp, some big-ticket small-screen mergers in the making and more, Kaplan and crew both praise the return of Kimmel to the air and make no secret of their suspicions nor the cash money backlash.
https://finance.yahoo.com/news/kimmel-corporate-fallout-threatening-legal-002700880.html