Core Viewpoint - Robbins Geller Rudman & Dowd LLP has filed a class action lawsuit against Six Flags Entertainment Corporation, alleging that the company and its executives made false statements regarding its business and financial prospects, leading to inflated stock prices prior to a merger [1][4]. Group 1: Lawsuit Details - The class action lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and was filed in the Northern District of Ohio [1]. - Investors who purchased Six Flags stock in connection with the merger have until January 5, 2026, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that the registration statement for the merger failed to disclose significant underinvestment in Legacy Six Flags, which required millions in additional capital to maintain operations [3]. Group 2: Financial Impact - On the merger closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but subsequently fell to as low as $20 per share, representing a nearly 64% decline [4]. - The lawsuit alleges that the company's executives misrepresented the financial health of Legacy Six Flags, which undermined the rationale for the merger [3][4]. Group 3: Company Background - Six Flags is identified as an amusement park operator, and the lawsuit highlights the operational challenges faced by the company, including a reduction in employee headcount that negatively impacted operational competence and guest experience [2][3].

Core Viewpoint - The Six Flags Entertainment Corporation is facing a class action lawsuit alleging violations of the Securities Act of 1933 related to its merger with Cedar Fair, L.P., with claims that the company misrepresented its financial health and operational needs prior to the merger [1][3]. Group 1: Lawsuit Details - The class action lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and was filed in the Northern District of Ohio [1]. - Purchasers of Six Flags common stock related to the merger have until January 5, 2026, to seek lead plaintiff status in the lawsuit [1]. - The lawsuit claims that the registration statement for the merger failed to disclose significant underinvestment in Legacy Six Flags, which required millions in additional capital to maintain operations [3]. Group 2: Financial Impact - On the merger closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently fell to as low as $20 per share, representing a nearly 64% decline [4]. - The lawsuit alleges that the company's executives misled investors about the financial condition of Legacy Six Flags, which undermined the rationale for the merger [3]. Group 3: Company Background - Six Flags is identified as an amusement park operator, and the lawsuit highlights the operational challenges faced by the company following a significant reduction in employee headcount aimed at cost-cutting [2][3]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the plaintiffs, has a strong track record in prosecuting investor class actions and has recovered over $2.5 billion for investors in 2024 alone [5].

SAN DIEGO, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Six Flags Entertainment Corporation (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 with Cedar Fair, L.P., and their subsidiaries and affiliates. Cedar Fair and Legacy Six Flags combined two amusement parks to create ...

Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. 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, highlighting a history of underinvestment in its parks [3]. - The class period for the lawsuit is defined as July 1, 2024, through November 5, 2025, with a deadline for investors to seek lead plaintiff status by January 5, 2026 [2]. Group 2: Stock Performance - Following the merger's closing on July 1, 2024, Six Flags' stock price dropped significantly from over $55 per share to as low as $20, representing a decline of nearly 64% [4].

Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation due to alleged misrepresentations in the registration statement related to the merger with Cedar Fair, L.P. [2][8] Allegation Details - The lawsuit claims that the registration statement 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 [8] - It is alleged that after CEO Selim Bassoul took over in November 2021, significant cost-cutting measures, including employee layoffs, degraded operational competence and guest experience [8] - The stock price of Six Flags, which was above $55 per share at the time of the merger on July 1, 2024, subsequently fell nearly 64% to as low as $20 per share [8] Next Steps - Investors who purchased Six Flags shares and suffered losses are encouraged to contact Bragar Eagel & Squire for more information and to discuss their legal rights [4]

Market Overview - Pre-market trading has declined, reflecting a cautious sentiment towards AI infrastructure spending and a lack of economic data, particularly during what was expected to be Jobs Week [1] - The market has seen a downward trend over the past five days, moving away from all-time highs reached in late October [1] Employment Data - Non-farm payroll numbers from the U.S. Bureau of Labor Statistics (BLS) are unavailable due to a government shutdown, with estimates suggesting a loss of 60,000 jobs last month [2] - The unemployment rate is expected to rise to 4.5%, while hourly wages are anticipated to remain steady at a year-over-year increase of 0.3% [2] - ADP reported an addition of 42,000 new jobs, which is better than BLS estimates but still indicates a weak labor market [3] - The Challenger Job Cuts report indicated 153,000 job cuts, highlighting ongoing challenges in employment [3] Interest Rate Expectations - There is a tentative expectation for a 25 basis-point interest rate cut in approximately 4.5 weeks, although market indexes may have already priced in this cut [4] - The "neutral rate" of inflation is uncertain but is believed to be higher than the optimal 2% [4] Earnings Reports - Wendy's (WEN) reported Q3 earnings of $0.24 per share, exceeding expectations by 20%, leading to a 9% increase in shares [5] - Six Flags Entertainment (FUN) posted earnings of $3.28 per share, surpassing the consensus estimate by 46.4%, although shares are down 2% in early trading [5] - Fluor (FLR) reported Q3 earnings of $0.68 per share, beating expectations by 54.55%, with shares up 4.6% in pre-market trading [6] - Constellation Energy (CEG) reported earnings of $3.04 per share, falling short of the anticipated $3.13, resulting in a 6.3% decline in shares [7] - Canopy Growth (CGC) shares increased by 12% despite reporting a loss of $0.01 per share, an improvement from the expected loss of $0.10 [8] Consumer Sentiment and Credit - The University of Michigan Consumer Sentiment report for November is expected to show a slight decrease to 53.0 from 53.6, remaining above the neutral threshold of 50 [9] - Consumer credit for September is projected to total $10.0 billion [9]

Core Insights - Six Flags reported lower third-quarter revenue, indicating challenges in demand growth during the quarter [1] Company Performance - The company’s efforts to stimulate demand were unsuccessful in the third quarter, leading to a decline in revenue [1]

Core Insights - Six Flags Entertainment Corporation is a leading operator of theme parks and water parks in North America, competing with Cedar Fair and SeaWorld [1] - The company is set to release its quarterly earnings on November 7, 2025, with analysts estimating an EPS of $2.32 and projected revenue of $1.34 billion [1][4] Financial Metrics - The price-to-sales ratio is 0.59, indicating the stock is valued at 59 cents for every dollar of sales, suggesting potential undervaluation [2] - The enterprise value to sales ratio is 2.30 and the enterprise value to operating cash flow ratio is 23.18, indicating the company is still viewed as viable despite earnings challenges [2] Leverage and Liquidity Concerns - The debt-to-equity ratio is high at 3.11, indicating significant reliance on debt for financing operations, which poses risks if cash flow generation is insufficient [3] - The current ratio is 0.52, suggesting potential liquidity issues as the company may struggle to cover short-term liabilities with current assets [3][4]

Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation (NYSE: FUN) on behalf of investors who acquired shares during the merger with Cedar Fair, alleging that the company misled investors regarding its financial health and operational needs prior to the merger [1][2]. Group 1: Merger Details - The merger between Legacy Six Flags and Cedar Fair was approved by shareholders on March 12, 2024, and closed on July 1, 2024, resulting in the creation of North America's largest regional amusement park operator with approximately 40 amusement parks and water parks [1][2]. - Following the merger, the newly formed entity changed its name to Six Flags and began trading under the ticker symbol "FUN" on the NYSE [2]. Group 2: Allegations Against Six Flags - The lawsuit alleges that Legacy Six Flags had significantly underinvested in its parks and operations, neglecting essential maintenance and improvements for several years before the merger [2]. - It is claimed that Legacy Six Flags required millions of dollars in undisclosed capital expenditures to maintain or grow its market share in the competitive amusement park industry [2]. - The complaint states that the financial projections presented to investors were unrealistic and not based on the actual conditions of the company at the time of the merger [2]. Group 3: Stock Performance - On the merger closing date, Six Flags stock was trading above $55 per share, but it subsequently plummeted to as low as $20 per share, marking a decline of nearly 64% [3].

Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation for alleged violations of federal securities laws related to the merger with Cedar Fair, L.P. [1][2] Group 1: Allegations and Issues - The lawsuit claims that the Registration Statement for the merger was negligently prepared, containing untrue statements and omissions that misled investors [2] - It is alleged that Legacy Six Flags suffered from chronic underinvestment, requiring millions in additional capital and operational expenditures to maintain its market position [2] - Prior to the merger, Legacy Six Flags deferred essential maintenance and operational improvements, which were not disclosed in the Registration Statement [2] Group 2: Impact on Investors - Following the merger announcement, Six Flags' common stock experienced a significant decline, resulting in financial losses for investors [3] - Investors who suffered losses exceeding $100,000 are encouraged to participate in the lawsuit [3] Group 3: Company Background - Lowey Dannenberg P.C. is a law firm specializing in representing investors who have suffered financial losses due to corporate fraud and violations of securities laws [4]