SeaWorld Reaches $65 Million Settlement in 2014 Class Action Lawsuit
• SeaWorld announced it will pay $65 million dollars to settle a 2014 class action lawsuit brought by shareholders in the company.
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• SeaWorld announced it will pay $65 million dollars to settle a 2014 class action lawsuit brought by shareholders in the company.
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• SeaWorld has reached a $5 million settlement with the federal government after the company was charged with misleading investors about the negative impact of the film Blackfish on park attendance.
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• Attendance and revenue are up at SeaWorld. The theme park company says revenue increased by 4.9% in the second quarter of 2018, compared to the second quarter of 2017.
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• 90.7’s Amy Green and the Orlando Sentinel’s Dewayne Bevil explain what the end of captive killer whale breeding means for the future of the company. Central Florida Zoo education director Stephanie Williams talks about zoos and conservation. And Dianne Summers with Orange County Animal Services explains how the award-winning shelter works to find new homes for dogs and cats.
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• Sea World reports that Tilikum the killer whale is ill. This is the whale connected to the death of a Sea World trainer back in 2010.
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• SeaWorld says it will “review its options” after a California state agency approved plans for a $100 million expansion of its orca tanks in San Diego.
The California Coastal Commission’s decision comes with an important caveat – the park would be banned from breeding captive orca whales.
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• Attendance and revenue continue to slide at SeaWorld.
Net income is down 84 percent despite a media campaign aimed at enhancing SeaWorld’s image after an orca killed a trainer in 2010.
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