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News  ›  GlobeNewswire Inc.

Six Flags Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuits Against Six Flags Entertainment Corporation - FUN

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Claimsfiler
Six Flags Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuits Against Six Flags Entertainment Corporation - FUN

Six Flags faces a class action lawsuit alleging material information was not disclosed during its merger with Cedar Fair, resulting in significant stock price decline from over $55 to $20 per share.

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Lawsuit alleges failure to disclose critical financial information, aggressive cost-cutting that degraded operational competence, and substantial capital needs that undermined merger rationale, leading to a 64% stock price drop