Activists says SeaWorld is thwarting orca sanctuary resolution
ORLANDO, Fla. - Animal rights activists say SeaWorld is thwarting their efforts to put to shareholders a resolution to create a coastal sanctuary for retired orcas.
PETA said on Monday that SeaWorld is invoking a Securities and Exchange Commission rule to prevent its shareholders from learning about the proposal.
PETA owns a small number of SeaWorld shares.
Under PETA's proposal, SeaWorld would develop coastal sanctuaries where the company's orcas could retire.
PETA says SeaWorld is trying to exclude the PETA proposal by sending out proxy materials on April 17, just two days shy of the one-year anniversary of when SeaWorld went public.
A company is allowed to exclude a shareholder-initiated proposal if the shareholder has held stock for less than a year.
In a statement, SeaWorld says it doesn't comment on shareholder proposals.
Read more Business News
- Backpack dropper arrestedWorld - 6:58 am
- Mass murder in CalgaryCanada
- Robbery on TranquilleKamloops - 6:23 am
- Acquittal in waste casePenticton / S. Okanagan - 5:00 am
|QHR Technologies Inc||1.30||+0.03|
|Anavex Life Sciences||0.36||-0.02|
|Copper Mountain Mining||2.43||+0.11|
|Sunrise Resources Ltd||0.025||-0.005|
|Mission Ready Services||0.23||-0.02|
The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...
Photo: ContributedFor many businesses this has been a tremendously difficult time since the 2008 crisis. Business fell off. Sales techniques that always worked, well… stopped working. Customers...
Many times when we are gripped by fear it can be one of two mental challenges that we can learn to overcome. Photo: ContributedThe Fear is completely imaginary. In this situation there may be no fact...