SAN DIEGO, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Company: Six Flags Entertainment Corporation (NYSE: FUN) is an amusement park operator. What is the class period? July 1, 2024, merger of Legacy Six Flags with Cedar Fair, L.P., and their subsidiaries and affiliates What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Six Flags common stock pursuant or traceable to the Company’s registration statement and prospectus ...

Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation for alleged securities fraud related to its merger with Cedar Fair, with shareholders encouraged to inquire about their rights and potential claims [1][2]. Company Overview - Six Flags completed a merger with Cedar Fair on July 1, 2024, creating North America's largest regional amusement park operator with a portfolio of approximately 40 amusement parks, water parks, and resort properties [3]. Financial Performance - On August 6, 2025, Six Flags reported second quarter 2025 revenue of $930 million and adjusted EBITDA of $243 million, both significantly below consensus estimates [4]. - The company's debt-to-earnings leverage ratio increased to 6.2x, prompting considerations for divesting non-core assets [4]. - Six Flags reduced its 2025 EBITDA guidance by $215 million at the midpoint and announced the resignation of CEO Richard Zimmerman [4]. Stock Performance - Following the merger, Six Flags stock traded above $55 per share but subsequently fell to as low as $20 per share, representing a nearly 64% decline, which adversely affected investors [5]. Lawsuit Details - The class action lawsuit alleges that the Registration Statement for the merger was negligently prepared, leading to materially false and misleading statements and failure to disclose adverse facts about the company's operations and prospects [6][7]. - Specific allegations include underinvestment in parks, undisclosed capital needs, and unrealistic revenue and earnings projections presented to investors [7].

NEW YORK, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (“Six Flags” or the “Company”) (NYSE: FUN) common stock pursuant or traceable to the Company’s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation (“Legacy Six ...

NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class lawsuit on behalf all purchasers or acquirers of Six Flags Entertainment Corporation (f/k/a CopperSteel HoldCo, Inc.) (NYSE: FUN) common stock pursuant or traceable to the company’s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation (“Legacy Six Flags”) with Cedar Fair, L.P. (“Cedar Fair”), has been filed in ...

Core Insights - JANA Partners LLC, along with its partners, holds an economic interest of approximately 9% in Six Flags Entertainment Corporation [1] Group 1 - Dave Habiger has de-grouped from the JANA-led investor group to pursue a complementary opportunity involving Six Flags [1] - JANA Partners was founded in 2001 and focuses on investing in undervalued public companies while engaging with management teams to unlock shareholder value [2]

Core Viewpoint - An investigation has been initiated regarding Six Flags Entertainment Corporation for potential violations of federal securities laws, which may impact investors who have incurred losses [1] Group 1 - The Law Offices of Frank R. Cruz is leading the investigation on behalf of investors [1] - The investigation is focused on the possible legal infractions by Six Flags Entertainment Corporation [1] - Investors who lost money on Six Flags are encouraged to inquire about pursuing claims to recover their losses [1]

SAN DIEGO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (NYSE: FUN) common stock pursuant or traceable to the company’s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation (“Legacy Six Flags”) with Cedar Fair, L.P. (“Cedar Fair”), and their subsidiaries and affiliates (the “Merger”) ...

Core Viewpoint - The article discusses a class action lawsuit against Six Flags Entertainment Corporation, alleging that the company and its executives misled investors regarding the financial health and operational needs of the company prior to its merger with Cedar Fair, L.P. [1][3] Company Overview - Six Flags Entertainment Corporation, previously known as CopperSteel HoldCo, Inc., is an amusement park operator that has faced significant operational challenges and financial misrepresentation allegations [2][3]. Merger Details - The merger between Legacy Six Flags and Cedar Fair closed on July 1, 2024, with Six Flags stock initially trading above $55 per share [4]. - Following the merger, the stock price plummeted to as low as $20 per share, representing a nearly 64% decline [4]. Allegations of Misrepresentation - The lawsuit claims that the registration statement for the merger failed to disclose chronic underinvestment in Legacy Six Flags, which required millions in additional capital and operational expenditures to maintain competitiveness in the amusement park market [3]. - It is alleged that the new CEO, Selim Bassoul, implemented significant cost-cutting measures that degraded operational competence and guest experience, further exacerbating the company's financial issues [3]. Legal Proceedings - The class action lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and has a deadline of January 5, 2026, for potential lead plaintiffs to come forward [1][2].

Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation (FLR) by Berger Montague on behalf of investors who acquired shares between February 18, 2025, and July 31, 2025, alleging that the company misled investors regarding its financial guidance and undisclosed risks associated with major infrastructure projects [1][3]. Company Overview - Fluor Corporation, headquartered in Irving, Texas, provides engineering, procurement, construction, and project management services globally, with its Urban Solutions segment being the largest revenue contributor [2]. Lawsuit Details - The lawsuit claims that FLR and certain executives failed to disclose rising costs related to significant projects, including the Gordie Howe, I-635/LBJ, and I-35 projects, which were impacted by subcontractor design errors, material price increases, and scheduling delays [3]. - Additionally, the company is accused of underreporting the adverse effects of decreased client capital spending and broader economic uncertainties [3]. Financial Performance - In February 2025, FLR projected a full-year 2025 adjusted EPS of $2.25 to $2.75 and EBITDA of $575 million to $675 million, which was reaffirmed in May 2025 [4]. - On August 1, 2025, FLR reported disappointing second-quarter results, with a non-GAAP EPS of $0.43, missing consensus estimates by 23%, and revenue of $3.98 billion, which was $570 million below expectations and a 5.9% decline year-over-year [5]. - Following the release of these results, FLR significantly lowered its FY 2025 outlook, attributing the downturn to project delays and reduced client awards, leading to a stock price drop of $15.35, or 27.04%, closing at $41.42 [5].

Six Flags Entertainment Corporation (NYSE:FUN) posted weak sales for the third quarter on Friday.The company reported third-quarter adjusted earnings per share of $3.28, beating the analyst consensus estimate of $2.20.Quarterly sales of $1.318 billion (down 2% year over year) missed the Street view of $1.333 billion. Attendance rose 1% to 21.1 million, an increase of about 138,000 visits."Our efforts to stimulate demand did not achieve the desired returns and our decision to shift to more advertising spend ...