Stourbridge Investments Archives

Walt Disney World Announces Select Closures as Orlando in State of Emergency Ahead of Hurricane Idalia, Haunted Mansion Receiving Expansion at Disneyland, and More: Daily Recap (8/29/23)

August 29, 2023 Justin Giglio

We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Tuesday, August 29, 2023. Walt Disney World EPCOT … Read more

Another Lawsuit Filed Against Bob Chapek, Iger, and More Alleges Company ‘Misled’ Investors On Disney+ Costs, Sustainability

August 29, 2023 Kyle Silagyi

Two people stand in front of a large, detailed spaceship model with rocky, industrial scenery in the background, reminiscent of the WDWNT Daily Recap 12.9.22 event.

Another derivative suit filed by Stourbridge Investments on August 23, 2023, alleges that current and former executives at The Walt Disney Company “repeatedly misled investors about the success” of the Disney+ streaming platform, something that contributed to “significant losses and damages” on behalf of the plaintiff. Bob Iger, Bob Chapek Listed as Defendants in New … Read more