A Delaware judge on Wednesday questioned a Walt Disney Co. shareholder on what he hoped to investigate if given records regarding the company’s decision to publicly oppose a Florida law limiting classroom instruction on sexual orientation and gender identity.
Such records could be used to sue company executives or directors for allegedly breaching their duties to investors. Vice Chancellor Lori Will of the Delaware Chancery Court appeared skeptical there was a legal question raised by Disney’s criticism of the legislation widely known as the “Don’t Say Gay” law.
“It’s not a loyalty issue from your standpoint, it’s the board didn’t ...
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