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
- Snowbirds hit townKelowna - 10:25 am
- Pilot out of hospitalVernon / N. Okanagan - 1:20 pm
- Highway 97 reopenedVernon / N. Okanagan - 8:38 pm
- Wildfire doused quicklyCentral Okanagan - 4:28 pm
|QHR Technologies Inc||1.20||+0.05|
|Anavex Life Sciences||0.2675||+0.0025|
|Copper Mountain Mining||2.86||-0.11|
|Sunrise Resources Ltd||0.035||+0.015|
|Mission Ready Services||0.155||-0.035|
Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...
The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...
Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...