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Benzinga
Benzinga
Politics
Phil Hall

Disney Cited In Anaheim Corruption Probe: Report

Disney Anaheim California NYSE Walt Disney Co Ron DeSantis Todd Ament

Walt Disney Co. (NYSE:DIS) has found itself in a new political scandal, this time involving an influence peddling scheme that forced the mayor of Anaheim, California, to resign earlier this week.

What Happened: The Wall Street Journal reported on a 100-page affidavit filed in a California federal court that detailed the machinations of “Company A,” which allegedly exercises considerable influence over Anaheim’s political leaders. The affidavit accused a company employee of helping to arrange meetings between business executives and the city’s leadership.

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