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In 2021, then-Disney CEO Bob Chapek announced a move of 2,000positions from California to Florida. But in May 2023, after CEO Bob Iger returned, the companycanceled the $1 billion Lake Nona office complexamid a legal and political battle with Republican Gov. Ron DeSantis that hassince been settled.

Best Mid Cap Stocks in India Smart Money Investments ✌️【Investment】✌️ Free stock selection service with professional advisors offering the best investment portfolio for stable growth. The plaintiffs, Maria De La Cruz and George Fong, both work for Disney’s product design division. De La Cruz is vice president of product design, and Fong is a creative director, according to the complaint filed by Lohr Ripamonti LLP on Tuesday.

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Best Mid Cap Stocks in India Smart Money Investments ✌️【Investment】✌️ Real-time stock market predictions and analysis, offering precise advice on top-performing stocks to help you seize the best opportunities for growth. Gain access to expert insights and global market data to make timely investment decisions. The complaint alleges that Disney misrepresented and concealed its true plans for the Lake Nona project, hurting – financially and otherwise – at least 250 employees who had made the move from California to Florida.

Best Mid Cap Stocks in India Smart Money Investments ✌️【Investment】✌️ Get accurate stock forecasts and market predictions from top financial advisors. With real-time updates on stock indices, exchange rates, and futures data, you'll be equipped to make profitable decisions and grow your capital steadily. The complaint states employees were informed about the project to relocate 2,000 roles to Florida in July of 2021 and that Disney “made it clear that employees who declined relocation would lose their jobs.”

Best Mid Cap Stocks in India Smart Money Investments ✌️【Investment】✌️ Take advantage of our free stock market analysis and real-time data to help you choose the best investment options. Our expert predictions and tailored strategies ensure you can achieve stable returns and mitigate risks effectively. The complaint described how De La Cruz and Fong sold their homes in Southern California and purchased homes in Central Florida. For Fong, that meant selling the childhood home that he inherited from his family.

Best Mid Cap Stocks in India Smart Money Investments ✌️【Investment】✌️ Expert predictions with real-time stock trends, futures prices, and exchange rate fluctuations to help you select the right stocks and achieve your financial goals. Stay ahead of the curve with accurate, real-time investment insights. After the Lake Nona office project was canceled, De La Cruz emailed human resources about the future for those who might choose to stay in Florida, writing: “After all of this, will there be any security in our positions? My fear would be that we decide to stay in Florida, only to be laid off in the next year or so. I don’t want to be punished for being put into a situation my company put me in,” the complaint says.

Best Mid Cap Stocks in India Smart Money Investments ✌️【Investment】✌️ Free access to real-time stock market data analysis, global market trends, and expert predictions. Capture emerging opportunities and grow your portfolio steadily, with insights into metals, energy, and agricultural products. The complaint says De La Cruz and Fong decided to move back to California to keep their jobs, but housing prices in the Lake Nona vicinity had dropped significantly after Disney’s announcement. Fong said he had trouble selling his Florida home, and when he managed to move back to California, mortgage rates and home prices had climbed so rapidly that he was only able to afford a smaller home than he previously had.

“Ms. De La Cruz, Mr. Fong and many others dutifully moved to Florida because they love their jobs, they love the people they work with, and they love Disney,” Attorney Jason Lohr said.

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