Cedar Fair(US:FUN) Prnewswire·2025-12-16 18:43Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. by Berger Montague PC 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 financial and operational conditions [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, alleging long-term underinvestment in its parks [3]. - Investors who acquired Six Flags securities from July 1, 2024, to November 5, 2025, 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].