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Six Flags Entertainment Corporation (NYSE: FUN) Faces Financial and Legal Challenges
Financial Modeling Prep· 2025-11-21 07:02
UBS sets a price target of $27 for NYSE:FUN, indicating a potential increase of approximately 89.56%.A securities fraud class action lawsuit has been filed against Six Flags for failing to disclose important information during its merger with Cedar Fair, L.P.The stock price of FUN is currently $12.83, with a year's fluctuation between $49.77 and $12.79, highlighting the company's challenges.Six Flags Entertainment Corporation (NYSE:FUN) is a well-known operator of theme parks and entertainment facilities. T ...
Six Flags Entertainment Corporation (FUN) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-11-20 22:36
Core Viewpoint - Investors in Six Flags Entertainment Corporation have the opportunity to lead a securities fraud class action lawsuit due to alleged undisclosed issues related to the company's merger with Cedar Fair, L.P. [1][2] Summary by Relevant Sections Lawsuit Details - The lawsuit claims that Six Flags' registration statement and prospectus related to the July 1, 2024 merger failed to disclose significant underinvestment in parks and operations, including deferred maintenance and operational improvements [2] - It is alleged that Six Flags required millions in undisclosed capital and operational expenditures to maintain or grow its market share in the competitive amusement park industry [2] - The complaint states that the revenue and operational forecasts presented to investors were not achievable based on the company's chronic disinvestment and undisclosed capital needs [2] - Positive statements made by the defendants regarding the company's business and prospects were claimed to be materially misleading and lacked a reasonable basis [2]
Robbins Geller Rudman & Dowd LLP Announces that Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-11-20 15:15
SAN DIEGO, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (NYSE: FUN) common stock pursuant or traceable to the company’s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation (“Legacy Six Flags”) with Cedar Fair, L.P. (“Cedar Fair”), and their subsidiaries and affiliates (the “Merger”), have until Mon ...
Land & Buildings Opens Major $36 Million Six Flags Entertainment Position: Should Investors Buy Too?
Yahoo Finance· 2025-11-19 21:26
The company focuses on delivering unique entertainment experiences across its park network to maintain competitive differentiation and recurring attendance.Six Flags Entertainment is a leading operator of regional amusement and water parks in North America, leveraging a diverse portfolio of branded attractions and intellectual property partnerships to drive guest engagement.Has a business model centered on attracting guests to its parks and resorts, monetizing attendance through ticket sales, food and bever ...
Deadline Alert: Six Flags Entertainment Corporation (FUN) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-11-19 19:11
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming January 5, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Six Flags Entertainment Corporation ("Six Flags†or the "Company†) (NYSE: FUN) common stock pursuant or traceable to the Company's registration statement and prospectus issued in connection with the July 1, 2024 merger of Six Flags with Cedar Fair, L.P. ("Cedar. ...
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Six Flags Entertainment Corporation (NYSE: FUN)
Globenewswire· 2025-11-19 15:34
NEW YORK, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (“Six Flags” or the “Company”) (NYSE: FUN) common stock pursuant or traceable to the Company’s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation (“Legacy Six ...
Jana Partners Opens $92 Million Six Flags Entertainment Position: Will Investors Have FUN Buying the Stock?
The Motley Fool· 2025-11-19 05:44
Investors may want to consider joining Travis Kelce and Jana Partners in buying shares of Six Flags Entertainment following its 76% decline from its 2024 high.JANA Partners Management disclosed a new position in Six Flags Entertainment Corporation (FUN +0.29%), adding 4,049,940 shares, an estimated $92.01 million, in its Nov. 14, 2025, SEC filing.What happenedAccording to a filing with the Securities and Exchange Commission dated Nov. 14, 2025, JANA Partners initiated a new equity stake in Six Flags Enterta ...
INVESTOR ALERT: Attorneys File Class Action Lawsuit Against Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN) and Announces Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit
Prnewswire· 2025-11-17 12:55
Accessibility StatementSkip Navigation SAN DIEGO, Nov. 17, 2025 /PRNewswire/ --Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (NYSE: FUN) common stock pursuant or traceable to the company's registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation ("Legacy Six Flags") with Cedar Fair, L.P. ("Cedar Fair"), and their subsidiaries and affilia ...
Investor Files Class Action Lawsuit Against Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. and Attorneys Announce Opportunity for Investors with Substantial Losses to Lead Securities Class Action Lawsuit - FUN
Newsfile· 2025-11-15 03:00
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation, alleging that the company and its executives misled investors regarding the financial health and operational needs of the company prior to its merger with Cedar Fair, L.P. [1][3] Summary by Sections Lawsuit Details - The lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and was filed in the Northern District of Ohio [1]. - Investors who purchased Six Flags stock in connection with the merger have until January 5, 2026, to seek lead plaintiff status [1]. Allegations Against Six Flags - The registration statement for the merger allegedly failed to disclose that Legacy Six Flags had chronic underinvestment and required significant additional capital to maintain its competitive position in the amusement park market [3]. - After becoming CEO in November 2021, Selim Bassoul reduced the employee headcount to cut costs, which negatively impacted operational competence and guest experience [3]. Stock Performance - On the merger closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently fell to as low as $20 per share, representing a decline of nearly 64% [4].
FUN Stockholders with Large Losses Should Contact Robbins LLP for Information About Leading the Six Flags Entertainment Corporation Class Action Lawsuit
Globenewswire· 2025-11-14 23:24
SAN DIEGO, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Company: Six Flags Entertainment Corporation (NYSE: FUN) is an amusement park operator. What is the class period? July 1, 2024, merger of Legacy Six Flags with Cedar Fair, L.P., and their subsidiaries and affiliates What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Six Flags common stock pursuant or traceable to the Company’s registration statement and prospectus ...