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News  ›  GlobeNewswire Inc.

Deadline Alert: Six Flags Entertainment Corporation (FUN) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Glancy Prongay & Murray Llp
Deadline Alert: Six Flags Entertainment Corporation (FUN) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Six Flags faces a class action lawsuit alleging misleading statements about its merger with Cedar Fair, with stock price dropping from $55 to $20 per share after revealing poor financial performance and operational challenges.

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FUN   negative

Stock price dropped 64%, CEO resigned, financial results significantly underperformed estimates, and facing a class action lawsuit alleging misleading merger disclosures