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SeaWorld shares fall on disclosure on possible SEC action

SeaWorld Entertainment Inc. SEAS, -0.77% shares fell in the prolonged session Thursday after the theme-park operator disclosed it expects a civil action from the Securities and Exchange Commission. SeaWorld shares fell four.3% after hours, following a nil.8% decline to near at $15.40 Thursday. In a SEC filing late Thursday, SeaWorld mentioned it received a Wells realize from the SEC on April 6. A Wells realize is a letter that the SEC sends to events when it is thinking about bringing civil action in opposition to a person or firm. In June, SeaWorld received subpoenas from the Justice Department and the SEC regarding its reaction to the documentary "Blackfish," which criticized SeaWorld for its remedy of killer whales.