Investors Failed To Plead Elements Of Securities Law Claims, Defendants Claim

(July 15, 2016, 12:03 PM EDT) -- SAN DIEGO — Dismissal of a second amended complaint in a securities class action lawsuit against SeaWorld Entertainment Inc., certain of its current and former executive officers and the company’s majority shareholder is proper because lead plaintiffs have failed to plead any actionable misrepresentation or omission, scienter or loss causation in making their federal securities law claims, the defendants argue in a June 29 motion to dismiss (Lou Baker v. SeaWorld Entertainment Inc., et al., No. 14-2129, S.D. Calif.).

(Motion to dismiss available. Document #57-160718-503B.)...
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