Disney Exec David Neuman Sues Sexual Accuser -- You Extorted Me with False Claims

David Neuman, the former Disney exec who was accused of being part of a Hollywood sex ring that preyed on an underage boy ... has filed suit against his accuser, claiming it was all an extortion plot to shake down rich, gay entertainment honchos.

Michael Egan claimed when he was 15 Neuman and others sexually abused him at various pool parties and did the same during two Hawaiian vacations. Egan's case fell apart after he was confronted with his own words from a previous case in which he swore Neuman "always acted appropriately towards me."

Now Neuman is suing Egan and his lawyer, Jeff Herman, for smearing his reputation. You may recall Egan and Herman held a news conference to make their graphic claims, but ended up with their tails between their legs.

Neuman says the false claims were part of a scheme to "forever associate [him] with the worst demonic image of a gay man, a pedophile," if he didn't agree to ante up big bucks.