Whistleblower Accuses Disney of Overstating Revenue (Report)

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Whistleblower Accuses Disney of Overstating Revenue (Report)
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Report: Whistleblower accuses Disney of overstating revenue

that a former employee in the revenue-operations department told the SEC the entertainment giant had overstated sales at the parks-and-resorts segment to the tune of billions of dollars over several years., Sandra Kuba, an 18-year veteran at Disney, filed a complaint with the SEC in 2017 and was fired about a month later, and she filed two more whistleblower complaints since then, the latest in June.

In 2008-2009, the former employee alleges Disney may have overstated revenue by $6 billion, a remarkably large number given the parks-and-resorts unit reported $10.6 billion in revenue in 2009.

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