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The lawsuit revolves around allegations that Bob Chapek, Disney's former CEO, misled investors about the losses incurred by Disney+ while setting high subscriber growth targets. The lawsuit accuses Chapek and other executives of attempting to mask the streaming service's financial challenges by restructuring the company and redirecting certain content away from traditional television networks to Disney+. According to the plaintiffs, Chapek's leadership was characterized by a focus on rapid subscriber growth, resulting in a strategy that prioritized quantity over quality in content production.