TMX Newsfile·2025-12-31 15:46Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares during the merger period with Cedar Fair L.P., alleging that the merger registration statement misrepresented the company's financial and operational condition [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Six Flags had faced years of underinvestment, leading to significant capital requirements for its parks to remain competitive, which were not disclosed to investors [3]. - Investors who purchased Six Flags securities during the class period (July 1, 2024, to November 5, 2025) have until January 5, 2026, to seek appointment as lead plaintiff [2]. Group 2: Stock Performance - On the merger closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently declined to as low as $20, representing a 64% loss in value [4].