A Disney investor has filed a lawsuit against the company for pushing its “woke” agenda, arguing that meddling in Florida’s politics created sudden financial losses when shares prices plunged in response.
The complaint was unsealed after it was filed in Delaware Chancery Court.
The lawsuit alleges that Disney’s response to Florida’s Parental Rights in Education act fostered a “far-reaching,” “swift and severe” financial risk for the company and its stakeholders, according to Bloomberg.
The Parental Rights in Education Act is misleadingly referred to by Democrats and left-leaning critics as the “Don’t Say Gay” bill.
However, it prohibits schools from teaching kindergarten through third-grade students about sexual orientation or gender identity and also forbids schools to restrict parents’ access to information about their children’s mental, emotional, or physical health.
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