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].
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