News Notes: Disney Shells Out $20 Million To Whistleblower

Former Walt Disney Co. executive Judy Denenholz, who worked for the company almost 20 years, charged she was fired for refusing to sign off on Disney’s response to an IRS audit. Denenholz claimed that the response significantly understated the company’s back-tax liability. She sued Disney under a California Labor Code provision that prohibits retaliation against a whistleblower. Disney has settled the lawsuit for a hefty $20 million but claims the lawsuit was meritless.