Kuehn Law Encourages Investors of The Walt Disney Company to Contact Law Firm

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of The Walt Disney Company, related to misrepresentation and nondisclosure of critical financial information regarding Disney+ [1][2]. Group 1: Allegations Against Disney - Insiders at Disney allegedly caused the company to misrepresent or fail to disclose that Disney+ was experiencing decelerating subscriber growth, losses, and cost overruns [2]. - The true costs associated with Disney+ were reportedly concealed by executives, who debuted certain content on legacy distribution channels before making it available on Disney+, thereby shifting costs out of the Disney+ segment [2]. - Decisions regarding platform distribution were allegedly made not based on consumer preferences or audience maximization, but rather to obscure the full costs of building Disney+'s content library [2]. - Disney is claimed to be off track to meet even the reduced 2024 paid global subscriber and profitability targets, with such targets lacking a reasonable basis in fact [2]. Group 2: Legal and Shareholder Implications - Shareholders who purchased DIS prior to December 10, 2020, are encouraged to contact Kuehn Law for potential legal action, as there may be limited time to enforce their rights [3]. - Kuehn Law offers to cover all case costs and does not charge investor clients, emphasizing the importance of shareholder participation in maintaining market integrity [4].