$DIS Potential Derivative Matter $DIS Grabar Law Office Investigates Potential Shareholder Derivative Action on Behalf of Shareholders of The Walt Disney Company (NYSE: DIS)
Specifically, a class action lawsuit alleging that Disney pays women less than men for substantially similar work has survived a motion to dismiss. According to a December 2019 Corporate Social Responsibility Report, Disney stated “We’re also committed to ensuring that more women . . . have the chance to contribute in meaningful ways, in all areas of our business. Diversity and inclusion remains a top priority for our company.” Yet, it appears that management may have failed to fulfill its corporate and social responsibilities with respect to gender equity, gender pay equity, and gender promotion equity.
If you have held Disney common stock continuously since January 1, 2015 and would like to learn more, contact us at jgrabar@grabarlaw.com