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News  ›  GlobeNewswire Inc.

FUN Stockholders With Large Losses Can Lead the Six Flags Entertainment Corporation Class Action Lawsuit – Contact Robbins LLP for Information

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Robbins Llp
FUN Stockholders With Large Losses Can Lead the Six Flags Entertainment Corporation Class Action Lawsuit – Contact Robbins LLP for Information

A class action lawsuit has been filed against Six Flags following its merger with Cedar Fair, alleging the company made false and misleading statements about its park maintenance and financial condition. The stock price dropped nearly 64% after the merger.

Insights
MSFT   neutral

Mentioned as a competitive force in cloud services without specific performance details


FUN   negative

Stock price dropped from over $55 to $20 per share, lawsuit alleges chronic underinvestment in parks and misleading financial representations during merger