By Yun Li

Copyright cnbc

A group of Disney investors is demanding access to company records, alleging that the entertainment giant’s handling of late-night host Jimmy Kimmel’s suspension reflected political pressures rather than the best interests of shareholders.

In a letter sent Wednesday to CEO Bob Iger, lawyers representing the American Federation of Teachers, AFL-CIO, a federation of labor unions, and Reporters Without Borders said they are seeking board materials, communications and policies related to the suspension of “Jimmy Kimmel Live!”

The investor groups argue that the decision was driven by threats from federal regulators and broadcast affiliates, rather than a business calculation to benefit shareholders.

“Disney’s stock suffered significant declines in response to the abrupt suspension, which appeared to be in response to political threats,” the investors wrote in the letter, which was first reported by Semafor.

Disney shares fell 3.3% from Sept. 17, the day after Kimmel was suspended, through this past Monday. Kimmel was pulled from the air after his Sept. 15 monologue addressing the politicization of the assassination of conservative activist Charlie Kirk. The host returned to ABC on Tuesday, though affiliates representing about a quarter of U.S. households, including Nexstar and Sinclair stations, didn’t carry the program.