Levine: SeaWorld faced an SEC securities fraud case over orca documentary
Matt Levine · Matt Levine – Money Stuff (Capital Allocators, EP.97) · Apr 29, 2019 · at 15:26
Matt Levine, Bloomberg Opinion columnist and author of Money Stuff, explains his recurring observation that any corporate crisis inevitably becomes a securities fraud lawsuit.
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“The one I like to quote is SeaWorld. There's a documentary about them abusing orcas and that became an SEC security fraud cases. They were not sufficiently transparent about this documentary involving their abusive orcas.”
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