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SeaWorld Reaches Settlement Over SEC Charges

Photo: Michael Lowin, Wikimedia Commons.
Photo: Michael Lowin, Wikimedia Commons.

SeaWorld has reached a $5 million settlement with the federal government after the company was charged with misleading investors about the negative impact of the film Blackfish on park attendance.

The controversial 2013 documentary about the death of trainer Dawn Brancheau explores the treatment of animals at the theme park.

Former CEO James Atchison will pay one-fifth of the fines.

In a statement, a SeaWorld spokesperson said under the terms of the settlement, the company neither admits nor denies the allegations.