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FUN Investors Have Opportunity to Lead Six Flags Entertainment Corporation Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-11-14 18:39
LOS ANGELES--(BUSINESS WIRE)---- $FUN--FUN Investors Have Opportunity to Lead Six Flags Entertainment Corporation Securities Fraud Lawsuit with the Schall Law Firm. ...
Law Offices of Frank R. Cruz Encourages Six Flags Entertainment Corporation (FUN) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-11-14 17:06
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation for alleged securities fraud related to its merger with Cedar Fair, with shareholders encouraged to inquire about their rights and potential claims [1][2]. Company Overview - Six Flags completed a merger with Cedar Fair on July 1, 2024, creating North America's largest regional amusement park operator with a portfolio of approximately 40 amusement parks, water parks, and resort properties [3]. Financial Performance - On August 6, 2025, Six Flags reported second quarter 2025 revenue of $930 million and adjusted EBITDA of $243 million, both significantly below consensus estimates [4]. - The company's debt-to-earnings leverage ratio increased to 6.2x, prompting considerations for divesting non-core assets [4]. - Six Flags reduced its 2025 EBITDA guidance by $215 million at the midpoint and announced the resignation of CEO Richard Zimmerman [4]. Stock Performance - Following the merger, Six Flags stock traded above $55 per share but subsequently fell to as low as $20 per share, representing a nearly 64% decline, which adversely affected investors [5]. Lawsuit Details - The class action lawsuit alleges that the Registration Statement for the merger was negligently prepared, leading to materially false and misleading statements and failure to disclose adverse facts about the company's operations and prospects [6][7]. - Specific allegations include underinvestment in parks, undisclosed capital needs, and unrealistic revenue and earnings projections presented to investors [7].
SIX FLAGS ENTERTAINMENT CORPORATION (NYSE: FUN) INVESTOR ALERT: Investors With Large Losses in Six Flags Entertainment Corporation Should Contact Bernstein Liebhard LLP To Discuss Their Rights
Globenewswire· 2025-11-14 16:03
NEW YORK, Nov. 14, 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 ...
Securities Fraud Investigation Into Six Flags Entertainment Corporation (FUN) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Businesswire· 2025-11-13 19:51
Core Viewpoint - Glancy Prongay & Murray LLP has initiated an investigation into Six Flags Entertainment Corporation regarding potential violations of federal securities laws [1] Company Summary - The investigation is on behalf of investors who may have incurred losses related to Six Flags Entertainment Corporation [1]
Investors who purchased Six Flags Entertainment Corporation (NYSE: FUN) Should Contact Wolf Haldenstein Immediately
Globenewswire· 2025-11-13 19:09
NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class lawsuit on behalf all 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”), has been filed in ...
JANA PARTNERS PROVIDES UPDATE ON SIX FLAGS INVESTOR GROUP
Prnewswire· 2025-11-13 13:15
Core Insights - JANA Partners LLC, along with its partners, holds an economic interest of approximately 9% in Six Flags Entertainment Corporation [1] Group 1 - Dave Habiger has de-grouped from the JANA-led investor group to pursue a complementary opportunity involving Six Flags [1] - JANA Partners was founded in 2001 and focuses on investing in undervalued public companies while engaging with management teams to unlock shareholder value [2]
Millions of Lights, Magical Nights: Six Flags Entertainment Unwraps Dazzling Holiday Experiences Beginning Nov. 15
Prnewswire· 2025-11-13 12:00
Core Viewpoint - Six Flags Entertainment Corporation will launch festive holiday celebrations across ten parks starting November 15, 2025, featuring a blend of traditional and thrilling experiences [1][2][3]. Group 1: Holiday Events and Attractions - The holiday events will include WinterFest, Holiday in the Park, Knott's Merry Farm, and Christmas in the Park, transforming parks into winter wonderlands with 25 million twinkling lights, live entertainment, and seasonal treats [1][5][6]. - Four resort hotels will offer special winter stay experiences, including festive getaways and immersive holiday escapes [2][4]. Group 2: Entertainment and Experiences - Guests will enjoy a variety of live entertainment, including tree lighting ceremonies, live bands, and elaborate stage productions, enhancing the holiday spirit [8]. - Seasonal offerings will include unique feasts and treats, with each park providing a holiday menu that reflects regional flavors and specialties [9][14]. Group 3: Promotions and Offers - Six Flags is promoting season passes as an ideal gift for families, providing access to rides, entertainment, and special perks [11][15]. - Special offers for the 2026 Silver Pass will be available through December 1, allowing guests to enjoy unlimited access and free parking [12][15]. Group 4: Company Overview - Six Flags Entertainment Corporation is the largest regional amusement park operator in North America, with 26 amusement parks, 15 water parks, and nine resort properties across 16 states in the U.S., Canada, and Mexico [17].
Six Flags Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuits Against Six Flags Entertainment Corporation - FUN
Globenewswire· 2025-11-13 03:35
Core Viewpoint - Investors have until January 5, 2026, to file lead plaintiff applications in a securities class action lawsuit against Six Flags Entertainment Corporation related to the merger with Cedar Fair, L.P. [1] Summary by Sections Lawsuit Details - The lawsuit alleges that Six Flags and certain executives failed to disclose material information in the registration statement for the merger, violating federal securities laws [3][4]. - Specific claims include chronic underinvestment in Legacy Six Flags, aggressive cost-cutting measures that degraded operational competence, and undisclosed capital needs that undermined the merger rationale [4]. Stock Performance - On the merger closing date, July 1, 2024, Six Flags stock traded above $55 per share, but subsequently fell to as low as $20 per share, representing a nearly 64% decline [5]. ClaimsFiler Information - ClaimsFiler serves as a resource for retail investors to recover funds from securities class action settlements, offering free registration for access to information and case evaluations [6].
Securities Fraud Investigation Into Six Flags Entertainment Corporation (FUN) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-11-13 02:07
Core Viewpoint - An investigation has been initiated regarding Six Flags Entertainment Corporation for potential violations of federal securities laws, which may impact investors who have incurred losses [1] Group 1 - The Law Offices of Frank R. Cruz is leading the investigation on behalf of investors [1] - The investigation is focused on the possible legal infractions by Six Flags Entertainment Corporation [1] - Investors who lost money on Six Flags are encouraged to inquire about pursuing claims to recover their losses [1]
INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files 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
Globenewswire· 2025-11-12 19:05
SAN DIEGO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- The law firm of 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”) ...