Cedar Fair(US:FUN) Globenewswire·2025-12-18 17:00Core 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].