TMX Newsfile·2025-12-29 15:39Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired 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 health [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, highlighting a history of underinvestment in its parks [3]. - Investors who purchased Six Flags securities during the Class Period 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].