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 […]

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BING NEWS:
  • Boeing pushes back on whistleblower’s allegations, defends integrity of its 787s
    Boeing is defending the integrity of the fuselages on two of its largest planes, which have come under criticism from a whistleblower who warns that ...
    04/15/2024 - 11:35 am | View Link
  • Disney Shares ‘Mufasa: The Lion King’ First Teaser Trailer With Theater Owners
    On Tuesday, Disney and director Barry Jenkins played the movie’s first teaser trailer for theater owners gathered together this week in Las Vegas for CinemaCon. The teaser received a resounding round ...
    04/11/2024 - 8:41 am | View Link
  • Walt Disney board slate prevails over rivals from Peltz, Blackwells; shares dip (updated)
    Shareholders also voted with management recommendations for proposals to ratify PricewaterhouseCoopers as the company's auditor; say-on-pay advisory approval; and to increase shares in the company ...
    04/3/2024 - 11:23 am | View Link
  • For Disney, Small Shareholders Loom Large in Boardroom Fight
    Individuals hold as much as 40 percent of the company’s shares, and they may decide a proxy battle that is one of the most expensive in history. By Brooks Barnes and Lauren Hirsch Gavin Doyle ...
    03/29/2024 - 1:00 pm | View Link
  • Disney Investor Blackwells Capital Sues The Company As Shareholder Vote Nears Close; Media Giant Calls Allegations “Baseless” And “Desperate”
    Activist Disney investor Blackwells Capital is suing the media giant over what it sees as an inappropriately cozy relationship with another shareholder, ValueAct Capital. In the lawsuit filed ...
    03/28/2024 - 5:23 am | View Link
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