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Six Flags Entertainment Corp. (FUN) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
TMX Newsfile· 2025-12-29 15:39
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares during the specified Class Period, alleging that the merger with Cedar Fair L.P. was misrepresented in terms of the company's financial and operational health [1][3]. Group 1: Lawsuit Details - The lawsuit claims that the registration statement and prospectus related to the merger did not accurately reflect Six Flags' financial and operational condition, highlighting a history of underinvestment in its parks [3]. - Investors who purchased Six Flags securities during the Class Period have until January 5, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Stock Performance - On the merger's closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently fell to as low as $20, representing a decline of nearly 64% [4].
DigitalBridge Group, Eightco Holdings, Palisade Bio And Other Big Stocks Moving Higher On Monday - Autolus Therapeutics (NASDAQ:AUTL), DigitalBridge Gr (NYSE:DBRG)
Benzinga· 2025-12-29 15:30
U.S. stocks were lower, with the Nasdaq Composite falling more than 100 points on Monday.Shares of DigitalBridge Group Inc (NYSE:DBRG) rose sharply during Monday's session after the company announced it will be acquired by SoftBank Group for a total enterprise value of approximately $4.0 billion.DigitalBridge Group shares jumped 9.9% to $15.30 on Monday.Here are some other big stocks recording gains in today’s session.Eightco Holdings Inc (NASDAQ:ORBS) shares jumped 29.1% to $2.15 after the company announce ...
Berger Montague Reminds Six Flags Entertainment Corp. (FUN) Investors With Substantial Losses to Inquire About a Securities Fraud Class Action by January 5, 2026
TMX Newsfile· 2025-12-26 14:36
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares during the specified Class Period, alleging that the merger with Cedar Fair L.P. was misrepresented regarding the company's operational and capital needs [1][3]. Group 1: Lawsuit Details - The lawsuit claims that the registration statement for the merger did not accurately reflect Six Flags' true operational and capital requirements, indicating a history of underinvestment that necessitated significant spending to maintain market share [3]. - Investors who purchased Six Flags securities during the Class Period have until January 5, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Stock Performance - Following the merger's closure on July 1, 2024, Six Flags' stock price initially traded above $55 per share but subsequently plummeted to as low as $20, representing a nearly 64% decline [4].
DEADLINE APPROACHING: Berger Montague Advises Six Flags Entertainment Corp. (NYSE: FUN) Investors to Inquire About a Securities Fraud Class Action by January 5, 2026
Prnewswire· 2025-12-23 13:36
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who purchased shares during the specified Class Period, alleging that the merger with Cedar Fair L.P. was misrepresented in terms of the company's financial and operational condition [1][3]. Group 1: Lawsuit Details - The lawsuit claims that the registration statement and prospectus related to the merger did not accurately reflect Six Flags' financial and operational challenges, particularly years of underinvestment that left its parks needing significant capital to remain competitive [3]. - Investors who acquired Six Flags securities during the Class Period have until January 5, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Stock Performance - On the closing date of the merger, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently fell to as low as $20, representing a 64% loss in value [4].
Six Flags plans to open its first theme park outside of North America next week (FUN:NYSE)
Seeking Alpha· 2025-12-23 12:05
Six Flags Entertainment Corporation (FUN) is scheduled to open and operate its first theme park outside the U.S. next week in a notable development for the travel and leisure sector. Six Flags Qiddiya City in Saudi Arabia will open on ...
SIX FLAGS ENTERTAINMENT (FUN) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by January 5, 2026
TMX Newsfile· 2025-12-22 17:28
Philadelphia, Pennsylvania--(Newsfile Corp. - December 22, 2025) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit against Six Flags Entertainment Corp. (NYSE: FUN) ("Six Flags" or the "Company") has been filed on behalf of investors who purchased or acquired Six Flags shares July 1, 2024 through November 5, 2025 (the "Class Period"), including in connection with the merger between Six Flags and Cedar Fair L.P. (the "Merger").Investor Deadline: Investors who purchased ...
ATTENTION: FUN SHAREHOLDERS: Securities Fraud Lawsuit Filed Against Six Flags Entertainment Corp
TMX Newsfile· 2025-12-19 17:08
Philadelphia, Pennsylvania--(Newsfile Corp. - December 19, 2025) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit against Six Flags Entertainment Corp. (NYSE: FUN) ("Six Flags" or the "Company") has been filed on behalf of investors who purchased or acquired Six Flags shares during the period of July 1, 2024 through November 5, 2025 (the "Class Period"), including in connection with the merger between Six Flags and Cedar Fair L.P. (the "Merger").Investor Deadline: In ...
INVESTOR ALERT: Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-12-19 00:00
Core Viewpoint - The article discusses a class action lawsuit 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] Group 1: Lawsuit Details - The class action lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and was filed in the Northern District of Ohio [1]. - Purchasers of Six Flags common stock related to the merger have until January 5, 2026, to seek appointment as lead plaintiff [1]. - The lawsuit claims that the registration statement for the merger failed to disclose significant underinvestment in Legacy Six Flags, which required millions in additional capital to maintain operations [3]. Group 2: Financial Impact - On the merger closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but subsequently fell to as low as $20 per share, representing a decline of nearly 64% [4]. - The lawsuit alleges that the company's operational competence and guest experience were degraded due to cost-cutting measures implemented by CEO Selim Bassoul, which further exacerbated the company's financial issues [3]. Group 3: Legal Representation - The plaintiffs are represented by Robbins Geller Rudman & Dowd LLP, a law firm known for its experience in prosecuting investor class actions and securities fraud cases [4][5]. - Robbins Geller has secured over $2.5 billion for investors in securities-related class action cases in 2024 alone, highlighting its significant role in investor protection [5].
Bronstein, Gewirtz & Grossman LLC Urges Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-18 17:00
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation, alleging that the company's registration statement and prospectus related to its merger with Cedar Fair contained misleading information and failed to disclose critical financial issues [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks damages for alleged violations of federal securities laws on behalf of all individuals and entities that held shares of Six Flags common stock related to the merger [2]. - The complaint claims that the registration statement was negligently prepared, containing untrue statements and omitting necessary facts, which misled investors [3]. - Specific allegations include chronic underinvestment in Legacy Six Flags, aggressive cost-cutting measures that degraded operational competence, and undisclosed capital needs that undermined the merger rationale [3]. Group 2: Next Steps for Investors - Investors who purchased Six Flags shares have until January 5, 2026, to request to be appointed as lead plaintiff in the class action [4]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only recover costs if successful [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions for investors [6]. - The firm emphasizes its commitment to restoring investor capital and ensuring corporate accountability [7].
CLASS ACTION REMINDER: Berger Montague Advises Six Flags Entertainment Corp. (FUN) Investors to Inquire About a Securities Fraud Lawsuit by January 5, 2026
TMX Newsfile· 2025-12-18 16:21
Core Points - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares between July 1, 2024, and November 5, 2025, particularly related to the merger with Cedar Fair L.P. [1][3] - The lawsuit claims that the merger registration statement and prospectus did not accurately reflect Six Flags' financial and operational status, highlighting years of underinvestment that left the parks needing significant capital to stay competitive [3] - Following the merger closing on July 1, 2024, Six Flags' stock price dropped from over $55 per share to as low as $20, representing a 64% loss in value [4] Company Overview - Six Flags, headquartered in Arlington, Texas, is a prominent owner and operator of theme and water parks [2] - The law firm Berger Montague PC, which is leading the class action, specializes in complex civil litigation and has a strong track record in recovering significant amounts for clients [5]