BOSTON, June 28, 2017 /PRNewswire/ -- Kyros Law Offices is alerting investors of SeaWorld Entertainment Inc (NYSE: SEAS) that it is investigating legal claims against the company for possible securities fraud violations committed by SeaWorld Entertainment Inc (NYSE: SEAS).
SeaWorld Entertainment Inc (NYSE: SEAS) investors are urged to contact our law firm immediately to protect their rights. Visit our SeaWorld Lawsuit website or call 1-800-934-2921 to speak to someone about your case.
The investigation concerns possible violations of securities law committed by SeaWorld Entertainment Inc (NYSE: SEAS) management that has led to significant losses to investors. These possible violations stem from recent reports of a SEC investigation of the company.
On June 23, SEAS reported in a regulatory filing that they have been subpoenaed by the SEC over statements that the company made regarding the movie "Blackfish." SeaWorld stated in its filing that "In June 2017, the Company received a subpoena in connection with an investigation by the U.S. Department of Justice concerning disclosures and public statements made by the company and certain executives and/or individuals on or before August 2014, including those regarding the impact of the 'Blackfish' documentary and trading in the company's securities."
Additionally, SeaWorld Chairman David D'Alessandro was voted off of the board of the company, widely reported as in a dispute over executive pay. SEAS executives had received special bonuses despite not meeting the targets that were tied to receiving these bonuses, drawing concerns from investors.
Kyros Law Offices urges SeaWorld Entertainment Inc (NYSE: SEAS) investors to contact our law firm immediately to protect their rights. Visit our SeaWorld Lawsuit website or call 1-800-934-2921 to find out if you have a case.
Kyros Law specializes in a wide range of complex litigation, mass torts, and corporate governance matters, including the representation of whistleblowers, shareholders and consumers in securities fraud, false claims act and class actions. Our lawyers have been responsible for recovering hundreds of millions of dollars for our clients throughout the United States, Africa, Asia and Europe. Visit our website to learn more about our firm.
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SOURCE Kyros Law
