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Six Flags Entertainment Corporation (FUN) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Cedar FairCedar Fair(US:FUN) Prnewswireยท2025-11-20 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]