Whether you’re a Seaworld lover or a Seaworld critic, most of us in Central Florida remember the Blackfish documentary that forced us to open our eyes and ask questions about animal treatment and the risk that trainers face in light of that treatment. After the death of trainer Dawn Brancheau in 2010, when one of the killer whales pulled her underwater, the park was eventually cited and trainers were barred from having such close contact with killer whales. But Seaworld attempted to mislead its investors about the impact of the Blackfish documentary, which led to accusations of fraud and criminal malfeasance.
Over the last few years, Seaworld has indeed shown growth and a steady return to good graces with the public, particularly now that they’re focused more audibly on animal conservation and protection, responding to outcries from PETA and other concerns from visitors.
The proposed settlement, which is subject to certain conditions, including court approval, requires [SeaWorld] to pay $65 million for claims alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934… The proposed settlement does not include or constitute an admission, concession, or finding of any fault, liability, or wrongdoing by the company or any defendant.
If you or someone you love has been the victim of a wrongful death, a personal injury, or a motor vehicle accident, please contact the law offices of Beers and Gordon P.A. for a free consultation. Our firm serves all of Seminole, Orange, Volusia, Lake, and Brevard counties, including Oviedo, Winter Springs, Altamonte Springs, Sanford, Longwood, Winter Park, Lake Mary, and Greater Orlando. Our attorneys have over 50 years of combined experience ready and willing to go the distance on your case. Call us right away at 407-862-1825.