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News  ›  GlobeNewswire Inc.

FUN Investors Have Opportunity to Lead Six Flags Entertainment Corporation Securities Fraud Lawsuit with the Schall Law Firm

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Schall Law Firm
FUN Investors Have Opportunity to Lead Six Flags Entertainment Corporation Securities Fraud Lawsuit with the Schall Law Firm

The Schall Law Firm has filed a class action lawsuit against Six Flags Entertainment Corporation (NYSE: FUN) for securities fraud related to the July 1, 2024 merger with Cedar Fair. The lawsuit alleges that Six Flags made false and misleading statements about its operations, concealing years of neglected park maintenance and required capital infusions. Investors who purchased securities in connection with the merger are encouraged to join the case.

Insights
HON   positive

Recognized as a key player in a market with robust growth potential and technological innovation


FUN   negative

The company is accused of making false and misleading statements about its operations, concealing significant deferred maintenance issues and capital needs. The lawsuit alleges investor damages resulted from the company's misrepresentations during the IPO period following the merger.