$65M SeaWorld 'Blackfish' Securities Class Action Settlement Gets Final Approval

Mealey's (July 28, 2020, 9:17 AM EDT) -- SAN DIEGO — A federal judge in California on July 24 granted final approval of a $65 million securities class action settlement against SeaWorld Entertainment Inc., its 100 percent shareholder and certain of its current and former senior executives stemming from the defendants' alleged concealment of the negative impact the documentary "Blackfish" had on the company's business and financial condition, ruling that the parties' proposed settlement agreement and plan of allocation is fair, reasonable and adequate and meets all statutory requirements for approval (Lou Baker v. SeaWorld Entertainment Inc., et al., No. 14-2129, S.D. Calif.)....