Central Florida Roundup
Hot water: SeaWorld faces class-action lawsuits and investigations
In June, Orlando-based Sea-World Entertainment disclosed that it has received subpoenas from both the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The subpoenas are part of investigations into whether the company and its executives misled investors about the impact of “Black fish,” the 2013 documentary that condemned the company’s treatment of its killer whales.
Top SeaWorld executives insisted for months during and after the film’s release that it was seeing no impact to its business before finally acknowledging a toll in August 2014. The DOJ and SEC are specifically probing “disclosures and public statements made by the company and certain executives and/or individuals before August 2014.”
ALSO IN THIS ARTICLE: Edu(k)ate; Peter Crage; Gary Levitt; Teletech; Smyrna Dunes Park; Tupperware Brands.
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