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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.
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How is the market cap and valuation of Datiware Maritime Infra Limited (519413) ✌️【Asset Growth】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. 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.
How is the market cap and valuation of Datiware Maritime Infra Limited (519413) ✌️【Asset Growth】✌️ Expert predictions of stock trends to help you select high-potential stocks and achieve stable growth. Real-time global market indices, futures, metals, energy, and agricultural product data to help you seize market opportunities. 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.”
How is the market cap and valuation of Datiware Maritime Infra Limited (519413) ✌️【Asset Growth】✌️ Professional advisors provide accurate market predictions with real-time stock indices, exchange rates, and futures data to help you seize investment opportunities and grow your capital. 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.
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How is the market cap and valuation of Datiware Maritime Infra Limited (519413) ✌️【Asset Growth】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. 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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