TMX Newsfile·2025-12-22 17:28Core 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 the company's financial and operational condition [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 status, indicating a history of underinvestment in its parks [3]. - Investors who acquired Six Flags securities from July 1, 2024, to November 5, 2025, are eligible to seek appointment as lead plaintiff representative by January 5, 2026 [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 plummeted to as low as $20, representing a decline of nearly 64% [4].