SeaWorld has been under investigation by both the SEC and Department of Justice for executives’ disclosures and public statements in August 2014 and earlier about the impact of the anti-captivity “Blackfish” documentary and trading in the company’s securities.
SeaWorld also is facing litigation accusing it of misleading shareholders about how the film contributed to falling attendance and revenues. The Department of Justice has intervened in that suit.
via SeaWorld faces possible securities sanctions – The San Diego Union-Tribune.
