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News  ›  GlobeNewswire Inc.

SIX FLAGS ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Six Flags Entertainment Corporation and Encourages Investors to Contact the Firm

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bragar Eagel & Squire, P.C.
SIX FLAGS ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Six Flags Entertainment Corporation and Encourages Investors to Contact the Firm

A class action lawsuit has been filed against Six Flags regarding its merger with Cedar Fair, alleging undisclosed capital needs and operational issues that undermined the merger's rationale, with stock price dropping nearly 64%.

Insights
AAPL   positive

Second in $3 trillion club with $3.9 trillion market cap


FUN   negative

Stock price dropped from over $55 to $20, lawsuit alleges chronic underinvestment, operational competence degradation, and misleading merger representations