I doubt it will go anywhere. The only way to prove executives did anything wrong would be to accept it is obvious that "woke" makes companies go broke and is a cultural push inline with government and social intentions that aren't aligned with shareholder profits. No one will ever be allowed to conclude this in a court of law in our society.
“So they sold a significant amount of stock during this period of time in which Disney+ was booming. So before the stock bust they sold. Well, there’s now an allegation in this complaint, in this lawsuit of insider trading.”
This is specifically about selling off their shares at its highest while they were publicly lying about the subscriber count. It is about insider trading not damaging the company.
I doubt it will go anywhere. The only way to prove executives did anything wrong would be to accept it is obvious that "woke" makes companies go broke and is a cultural push inline with government and social intentions that aren't aligned with shareholder profits. No one will ever be allowed to conclude this in a court of law in our society.
This is specifically about selling off their shares at its highest while they were publicly lying about the subscriber count. It is about insider trading not damaging the company.