Disney inflated revenue for years, whistleblower claims

In this article:

Sandra Kuba, a former senior financial analyst who worked at the Walt Disney Company for 18 years, filed a series of whistleblower tips with the SEC, claiming Disney overstated its revenue for years. She's alleging that employees working in the parks-and-resorts business segment were able to systematically overstate revenue by billions of dollars by exploiting weaknesses in the company’s accounting software.

Advertisement