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Disney investor sues company alleging its criticism of Florida's Parental Rights in Education bill created a ‘swift and severe’ financial risk

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Former Disney CEO Bob Chapek (Image Group LA/Disney via Getty Images)

A Disney investor filed a lawsuit against the media company, alleging that its response to Florida’s Parental Rights in Education act fostered a “far-reaching,” “swift and severe” financial risk for the company and its stakeholders, Bloomberg reported. The complaint, which was filed in Delaware Chancery Court, was unsealed on Friday.

The Parental Rights in Education Act, also misleadingly referred to by left-leaning critics as the “Don’t Say Gay” bill, prohibits schools from teaching kindergarten through third-grade students about sexual orientation or gender identity. The act, which was signed into law by Florida Governor Ron DeSantis (R) in March, also forbids schools to restrict parents' access to information about their children’s mental, emotional, or physical health.

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