Defendant Name: SeaWorld Entertainment, Inc.

Defendant Type: Public Company
SIC Code: 7996
CUSIP: 81282V10

Initial Case Details

Legal Case Name SEC v. Seaworld Entertainment, Inc. and James Atchison
First Document Date 18-Sep-2018
Initial Filing Format Civil Proceeding
Case Number 18-cv-08480
Allegation Type Issuer Reporting and Disclosure
Federal District Court New York, Southern District of New York

Violations Alleged

Exchange Act
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Rule 13a-11
• Rule 13a-13
Securities Act
• Sec 17(a)(3)

Resolutions

First Resolution Date 18-Sep-2018
Headline Total Penalty and Disgorgement $4,000,000

Related Documents:

LR-24272 18-Sep-2018 Litigation Release
Seaworld and Former CEO to Pay More Than $5 Million to Settle Fraud Charges
On September 18, 2018, the SEC issued a litigation release regarding charges against SeaWorld Entertainment, Inc., stating: "The Securities and Exchange Commission today announced that SeaWorld Entertainment Inc. and its former CEO have agreed to pay more than $5 million to settle fraud charges for misleading investors about the impact the documentary film Blackfish had on the company's reputation and business."
comp24272-seaworld 18-Sep-2018 Complaint
Complaint and Jury Demand
On September 18, 2018, the SEC filed a complaint against SeaWorld Entertainment, Inc., stating: "This Complaint concerns SeaWorld's and SeaWorld's former chief executive officer ("CEO") Atchison's omissions and disclosures relating to the impact of the documentary film Blackfish on the company's reputation and/or business (i.e., "Blackfish effect")."
2018-198 18-Sep-2018 Press Release--Civil Action
SeaWorld and Former CEO to Pay More Than $5 Million to Settle Fraud Charges
On September 18, 2018, the SEC issued a press release regarding charges against SeaWorld Entertainment, Inc., stating: "The Securities and Exchange Commission today announced that SeaWorld Entertainment Inc. and its former CEO have agreed to pay more than $5 million to settle fraud charges for misleading investors about the impact the documentary film Blackfish had on the company's reputation and business."
court_doc9_18-cv-08480 18-Sep-2018 Court Docket Document
Plaintiff's Unopposed Motion for Entry of Judgment Against Defendants SeaWorld Entertainment, Inc. and James Atchison
On September 24, 2018, the District Court for the Southern District of New York endorsed the SEC's motion, which stated: "Plaintiff, the United States Securities and Exchange Commission (the "Commission"), and Defendants SeaWorld Entertainment, Inc. and James Atchison (collectively, the "defendants") have resolved this matter by way of Consents and proposed Judgments, which are attached to this motion for both defendants."

Other Defendants in Action:

James Atchison

Related Actions:

SEC v. Frederick D. Jacobs
Frederick D. Jacobs