| Company: | Walt Disney Company |
| Ticker Symbol: | NYSE: DIS |
| Class Period: | February 9, 2004 to February 10, 2004 |
| Court: | Central District, CA |
| Date Filed: | Feb-20-04 |
| Lead Plaintiff Deadline: | Apr-20-04 |
| Allegations: |
A Class Action has been filed in the United States District Court for the Central District of California on behalf of investors who sold securities of The Walt Disney Company
(NYSE:DIS) during the period from February 9, 2004 through February 10, 2004 (the "Class Period").
The Complaint charges The Walt Disney Company ("Disney") and Michael Eisner (Disney's President and Chief Executive Officer) with violating the federal securities laws by failing to disclose that Comcast Corp.'s CEO had approached Disney with an offer to merge Disney and Comcast. The Complaint charges that each defendant violated Section 10(b) of the Securities Exchange Act of 1934 (the "Exchange Act") and SEC Rule 10b-5 by omitting to disclose the offer from Comcast and charges Michael Eisner with violating Section 20(a) of the Exchange Act.
After the public learned about the Comcast merger proposal on February 11, 2004, the price of Disney's common stock increased significantly.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
The Complaint charges The Walt Disney Company ("Disney") and Michael Eisner (Disney's President and Chief Executive Officer) with violating the federal securities laws by failing to disclose that Comcast Corp.'s CEO had approached Disney with an offer to merge Disney and Comcast. The Complaint charges that each defendant violated Section 10(b) of the Securities Exchange Act of 1934 (the "Exchange Act") and SEC Rule 10b-5 by omitting to disclose the offer from Comcast and charges Michael Eisner with violating Section 20(a) of the Exchange Act.
After the public learned about the Comcast merger proposal on February 11, 2004, the price of Disney's common stock increased significantly.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
If you feel you qualify for damages or remedies that might be awarded in this class action please fill in our form on the right to submit your complaint.
If your injustice does not match the complaint described above, please use this form to register your complaint. Thank you.
