Sandra Kuba, a former senior financial analyst for Disney’s revenue operations unit, says she has filed a series of whistleblower tips with the U.S. Securities and Exchange Commission, alleging that the entertainment conglomerate repeatedly and systematically overstated its revenue for years, according to a MarketWatch report, by as much as $6 billion in a single year. But Disney has pushed back on the claim.
A Walt Disney spokesperson said that “This former employee, who was fired for cause, has persistently made patently false claims for over two years. The claims she made to the company were thoroughly investigated and found to be utterly baseless. It is unfortunate that MarketWatch, which has been aware of the facts for months, knowingly and deliberately chose to give Ms. Kuba’s unfounded claims a platform.”
The Dow Jones-owned business news outlet, which reviewed the filings, said the allegations involved the parks and resort segment,...
A Walt Disney spokesperson said that “This former employee, who was fired for cause, has persistently made patently false claims for over two years. The claims she made to the company were thoroughly investigated and found to be utterly baseless. It is unfortunate that MarketWatch, which has been aware of the facts for months, knowingly and deliberately chose to give Ms. Kuba’s unfounded claims a platform.”
The Dow Jones-owned business news outlet, which reviewed the filings, said the allegations involved the parks and resort segment,...
- 8/19/2019
- by Elaine Low
- Variety Film + TV
Similar News
X-Men ‘97: Operation Zero Tolerance Can Bring Back The Avengers to the Series After the Cute Captain America Cameo in Episode 7
- 5/5/2024
- by Anuraag Chatterjee
- FandomWire
Agatha: It Looks Like Marvel Studios Is Gearing Up To Begin Promoting The Wandavision Spin-Off
- 5/5/2024
- ComicBookMovie.com
“I can’t take credit for it”: Rogue One Director Believes George Lucas Was Unfairly Sidelined Despite His Undeniable Help in Making One of the Best Star Wars Movies
- 5/5/2024
- by Maria Sultan
- FandomWire
“This did happen to me”: Anne Hathaway’s Co-Workers Had the Most Insensitive Response After She Was Asked to Make Out With 10 Actors
- 5/5/2024
- by Diya Majumdar
- FandomWire
“How did we never do this?”: Hugh Jackman Had the Same Reaction as Us After Watching Himself in the Iconic Yellow Wolverine Suit
- 5/3/2024
- by Anuraag Chatterjee
- FandomWire
Deadpool & Wolverine Theory is the Most Epic Tva Twist No One Saw Coming
- 5/3/2024
- by Sayantan Choudhary
- FandomWire
Trump Media’s ‘Sham’ Auditing Firm Charged With ‘Massive Fraud’ & Fined $14 Million By SEC
- 5/4/2024
- by Baila Eve Zisman
- Uinterview
Paramount Unveils Bob Bakish Exit Terms, Names Chris McCarthy ‘Interim Principal Executive’ For SEC Purposes
- 5/3/2024
- by Jill Goldsmith
- Deadline Film + TV
Media CEO Pay Mostly Up For 2023 Amid Strikes, Industry Contraction
- 5/2/2024
- by Jill Goldsmith
- Deadline Film + TV
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.