SeaWorld settles class action lawsuit over ‘Blackfish’ for $65 million Investors claimed former execs misled them about film’s impact
SeaWorld settles class action suit over 'Blackfish'
ORLANDO, Fla. – SeaWorld Entertainment, Inc. has settled a class-action lawsuit for $65 million related to the 2013 documentary “Blackfish.”
The lawsuit, filed by a group of shareholders in 2014, accused SeaWorld executives of violating the Securities Exchange Act by making false or misleading statements about how the film was impacting park attendance.
According to a filing with the Securities and Exchange Commission Tuesday, the company will make the payout to cover the claims as well as the costs of administration and legal fees.
Despite reaching a settlement, SeaWorld did not admit any wrongdoing.
Copyright 2020 by WKMG ClickOrlando - All rights reserved.
About the Author Cathleigh is a newscast producer and has been with News 6 since 2014. She graduated from the University of North Florida with a degree in communications, with a focus in broadcast journalism. Cathleigh produces the 5:30 a.m. and 6:30 a.m. newscasts.
Rollins College student arrested after rifle, ammunition found on school property, police say ▶ 1:23
Rollins College student arrested after rifle, ammunition found on school property, police say
Disney World property employee accused of stealing hundreds of dollars using guest’s checks ▶ 0:44
Disney World property employee accused of stealing hundreds of dollars using guest’s checks
‘Breaking Bad on steroids:’ Florida sheriff details seizure of 92,000 pounds of drugs, arsenal of weapons ▶ 0:57
‘Breaking Bad on steroids:’ Florida sheriff details seizure of 92,000 pounds of drugs, arsenal of weapons
Orlando pastry chef brings Brazilian flavors to Food Network’s ‘Holiday Baking Championship’ ▶ 1:03
Orlando pastry chef brings Brazilian flavors to Food Network’s ‘Holiday Baking Championship’
🌳Discover the Orlando Tree Trek Adventure Park: Family-friendly aerial adventure minutes from Disney ▶ 1:16
🌳Discover the Orlando Tree Trek Adventure Park: Family-friendly aerial adventure minutes from Disney
Tavares eyes fines, permits for garage sale violations ▶ 0:48
Tavares eyes fines, permits for garage sale violations
Central Florida’s newest Trader Joe’s is officially open!🛒✨ ▶ 0:48
Central Florida’s newest Trader Joe’s is officially open!🛒✨
A Door Dash driver uses the 5-second rule on some unknowing customers. It’s caught on a doorbell camera. ▶ 1:26
A Door Dash driver uses the 5-second rule on some unknowing customers. It’s caught on a doorbell camera.
Secret Service launches crackdown on EBT fraud, targets credit card skimmers ▶ 0:35
Secret Service launches crackdown on EBT fraud, targets credit card skimmers
Port Canaveral now the most-visited cruise terminal in the world, leaders announce ▶ 0:47
Port Canaveral now the most-visited cruise terminal in the world, leaders announce
1 injured in Sanford house fire ▶ 0:47
1 injured in Sanford house fire
Most powerful rocket ever made coming to KSC ▶ 0:59
Most powerful rocket ever made coming to KSC
Cyber Monday shifts to Giving Tuesday as Salvation Army to host world’s largest red kettle at Cranes Roost Park ▶ 0:50
Cyber Monday shifts to Giving Tuesday as Salvation Army to host world’s largest red kettle at Cranes Roost Park
Who would do a thing like this? Enormous Christmas bulbs missing from downtown Melbourne display ▶ 0:40
Who would do a thing like this? Enormous Christmas bulbs missing from downtown Melbourne display
SunRail expands late-night service with 2 new trains. Here’s what to know ▶ 1:04
SunRail expands late-night service with 2 new trains. Here’s what to know
Amazon in Orlando expects almost double the packages for Cyber Monday ▶ 0:41
Amazon in Orlando expects almost double the packages for Cyber Monday
‘Stand Your Ground’ cited after fatal Seminole County shooting stems from apparent road rage ▶ 0:49
‘Stand Your Ground’ cited after fatal Seminole County shooting stems from apparent road rage
A Door Dash driver uses the 5-second rule on some unknowing customers. It’s caught on a doorbell camera. ▶ 1:26
A Door Dash driver uses the 5-second rule on some unknowing customers. It’s caught on a doorbell camera.
Healthcare relief for thousands of Seniors in The Villages ▶ 0:30
Healthcare relief for thousands of Seniors in The Villages
‘Just feels magical:’ How Park Avenue in Winter Park gets its holiday glow-up ▶ 0:26
‘Just feels magical:’ How Park Avenue in Winter Park gets its holiday glow-up
Warm start to week before Thanksgiving cooldown in Central Florida. Here’s the timing ▶ 0:59
Warm start to week before Thanksgiving cooldown in Central Florida. Here’s the timing
‘The Midnight Stalker:’ Mystery surrounds masked person leaving wood, money on Florida front porches ▶ 0:58
‘The Midnight Stalker:’ Mystery surrounds masked person leaving wood, money on Florida front porches
Shots fired at Deltona home after attempted break-in, deputies say ▶ 0:45
Shots fired at Deltona home after attempted break-in, deputies say
Sisters find mother’s Ocala apartment emptied days after her death ▶ 0:29
Sisters find mother’s Ocala apartment emptied days after her death
16-year-old stepbrother ‘is a suspect’ in Titusville teen’s death on cruise ship, court documents show ▶ 0:26
16-year-old stepbrother ‘is a suspect’ in Titusville teen’s death on cruise ship, court documents show
Previous photo Next photo 