An investigation for investors in The Walt Disney Company (NYSE:DIS) shares over potential securities laws violations by The Walt Disney Company was announced.
San Diego, CA -- (SBWIRE) -- 05/29/2020 -- An investigation was announced over potential securities laws violations by The Walt Disney Company and certain of its directors and officers in connection with certain financial statements.
Investors who purchased shares of The Walt Disney Company (NYSE: DIS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by The Walt Disney Company regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
The Walt Disney Company (NYSE: DIS) reported that its Total Revenue rose from over $59.43 billion for the 12 months period that ended on September 30, 2018 to $69.57 billion for the 12 months period that ended on September 30, 2019, and that Net Income over those respective time periods declined from over $12.59 billion to $11.05 billion.
Shares of The Walt Disney Company (NYSE: DIS) declined from $153.41 per share in November 2019 to as low as $79.07 per share on March 18, 2020.
Those who purchased shares of The Walt Disney Company (NYSE: DIS) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.