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News  ›  GlobeNewswire Inc.

Investor Files Class Action Lawsuit Against Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN) and RGRD Law Announces Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Robbins Geller Rudman & Dowd Llp
Investor Files Class Action Lawsuit Against Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN) and RGRD Law Announces Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit

A class action lawsuit has been filed against Six Flags Entertainment Corporation alleging securities violations related to its merger with Cedar Fair, claiming the company misrepresented its financial condition and operational capabilities.

Insights
TCBIO   positive

Company reported record-level net income, declared a dividend, and demonstrated financial stability with presence in multiple Texas cities and national client network


FUN   negative

The lawsuit alleges chronic underinvestment, operational degradation, and misleading investors about the company's financial health during its merger with Cedar Fair, resulting in a significant stock price decline of nearly 64%