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 ...

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. ...

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 ...

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].

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]

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”) ...

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] Company Overview - Six Flags Entertainment Corporation, previously known as CopperSteel HoldCo, Inc., is an amusement park operator that has faced significant operational challenges and financial misrepresentation allegations [2][3]. Merger Details - The merger between Legacy Six Flags and Cedar Fair closed on July 1, 2024, with Six Flags stock initially trading above $55 per share [4]. - Following the merger, the stock price plummeted to as low as $20 per share, representing a nearly 64% decline [4]. Allegations of Misrepresentation - The lawsuit claims that the registration statement for the merger failed to disclose chronic underinvestment in Legacy Six Flags, which required millions in additional capital and operational expenditures to maintain competitiveness in the amusement park market [3]. - It is alleged that the new CEO, Selim Bassoul, implemented significant cost-cutting measures that degraded operational competence and guest experience, further exacerbating the company's financial issues [3]. Legal Proceedings - The class action lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and has a deadline of January 5, 2026, for potential lead plaintiffs to come forward [1][2].

Core Viewpoint - The Six Flags Entertainment Corporation is facing a class action lawsuit alleging violations of the Securities Act of 1933 related to its merger with Cedar Fair, L.P., with claims that the company misrepresented its financial health and operational needs prior to the merger [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 lead plaintiff status in the lawsuit [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 it subsequently fell to as low as $20 per share, representing a nearly 64% decline [4]. - The lawsuit alleges that the company's executives misled investors about the financial condition of Legacy Six Flags, which undermined the rationale for the merger [3]. Group 3: Company Background - Six Flags is identified as an amusement park operator, and the lawsuit highlights the operational challenges faced by the company following a significant reduction in employee headcount aimed at cost-cutting [2][3]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the plaintiffs, has a strong track record in prosecuting investor class actions and has recovered over $2.5 billion for investors in 2024 alone [5].

Core Insights - Six Flags reported lower third-quarter revenue, indicating challenges in demand growth during the quarter [1] Company Performance - The company’s efforts to stimulate demand were unsuccessful in the third quarter, leading to a decline in revenue [1]

Core Viewpoint - The class action lawsuit against Six Flags Entertainment Corporation alleges that the company misrepresented its financial health and operational needs during its merger with Cedar Fair, leading to significant stock price declines post-merger [3][4]. Company Overview - Six Flags Entertainment Corporation operates amusement parks and was formerly known as CopperSteel HoldCo, Inc. [2]. Merger Details - The merger between Legacy Six Flags and Cedar Fair was completed on July 1, 2024, with Six Flags stock initially trading above $55 per share [4]. - Following the merger, the stock price plummeted to as low as $20 per share, representing a nearly 64% decline [4]. Allegations of Misrepresentation - The lawsuit claims that the registration statement for the merger failed to disclose chronic underinvestment in Legacy Six Flags, which required millions in additional capital to maintain operations [3]. - It is alleged that the company's executives misled investors by claiming transformational investments were made prior to the merger [3]. - The new CEO, Selim Bassoul, reportedly cut employee headcount to reduce costs, which negatively impacted operational competence and guest experience [3]. Legal Proceedings - 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]. - Investors have until January 5, 2026, to seek appointment as lead plaintiff in the lawsuit [1].