Core Viewpoint - The article discusses a class action lawsuit against Six Flags Entertainment Corporation, alleging that the company and its executives misled investors regarding the financial health and operational needs of the company prior to its merger with Cedar Fair, L.P. [1][3] Company Overview - Six Flags Entertainment Corporation, previously known as CopperSteel HoldCo, Inc., is an amusement park operator that has faced significant scrutiny following its merger with Cedar Fair, L.P. [2][3] Allegations of the Lawsuit - The lawsuit claims that the registration statement for the merger failed to disclose critical information about Legacy Six Flags' financial condition, specifically chronic underinvestment and the need for substantial capital to maintain operations [3] - It is alleged that the company's executives, including CEO Selim Bassoul, misrepresented the company's investment initiatives and operational capabilities, leading to a decline in guest experience and operational competence [3] Stock Performance - Following the merger on July 1, 2024, Six Flags' stock price dropped from over $55 per share to as low as $20 per share, representing a nearly 64% decline [4]

Core Viewpoint - Investors with significant losses in Six Flags Entertainment Corporation have until January 5, 2026, to file lead plaintiff applications in a securities class action lawsuit related to the company's merger with Cedar Fair, L.P. [1] Summary by Sections Lawsuit Details - The lawsuit alleges that Six Flags and certain executives failed to disclose material information in the registration statement for the merger, violating federal securities laws [3]. - The case is identified as City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation, No. 25-cv-02394 [5]. Allegations Against Six Flags - The registration statement allegedly did not reveal that Legacy Six Flags had chronic underinvestment and required millions in additional capital and operational expenditures to maintain its market share [4]. - Following the appointment of CEO Selim Bassoul in November 2021, aggressive cost-cutting measures were implemented, which degraded operational competence and guest experience [4]. - As a result of these issues, Legacy Six Flags needed substantial undisclosed capital to stabilize its business, undermining the rationale for the merger [4]. Stock Performance - On the merger closing date, July 1, 2024, Six Flags stock traded above $55 per share, but subsequently fell to as low as $20 per share, representing a nearly 64% decline [5].

NEW YORK, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Six Flags Entertainment Corporation (“Six Flags” or the “Company”) (NYSE: FUN) for violations of the federal securities laws on behalf of all persons and entities who purchased or acquired Six Flags common stock pursuant or traceable to the Company’s registration statement and prospectus (“Registration Statement”) is ...

Core Viewpoint - The article discusses a class action lawsuit against Six Flags Entertainment Corporation, alleging that the company and its executives violated the Securities Act of 1933 by failing to disclose significant financial issues prior to a merger with Cedar Fair, L.P. [1] Group 1: Lawsuit Details - The class action lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and is filed in the Northern District of Ohio [1] - Purchasers of Six Flags common stock related to the merger have until January 5, 2026, to seek appointment as lead plaintiff [1] - The lawsuit claims that the registration statement for the merger did not reveal that Legacy Six Flags had chronic underinvestment and required millions in additional capital to maintain its market position [1] Group 2: Financial Impact - On the merger closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently fell to as low as $20 per share, representing a decline of nearly 64% [1] - The lawsuit alleges that the company's operational competence and guest experience were degraded due to cost-cutting measures implemented by CEO Selim Bassoul after he took over in November 2021 [1] Group 3: Legal Representation - The plaintiffs are represented by Robbins Geller Rudman & Dowd LLP, a law firm known for its experience in prosecuting investor class actions and securities fraud cases [1] - Robbins Geller has secured over $2.5 billion for investors in securities-related class action cases in 2024, highlighting its significant role in investor protection [1]

Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares during the period from July 1, 2024, to November 5, 2025, particularly related to the merger with Cedar Fair L.P. [1][3] Summary by Sections Lawsuit Details - The lawsuit claims that the merger registration statement and prospectus did not accurately reflect Six Flags' financial and operational status, highlighting years of underinvestment that necessitated significant capital for the parks to remain competitive [3] Stock Performance - Following the merger closing on July 1, 2024, Six Flags' stock price fell from above $55 per share to as low as $20, representing a 64% decline in value [4] Investor Information - Investors who purchased Six Flags securities during the class period have until January 5, 2026, to seek appointment as lead plaintiff representatives [2]

LOS ANGELES--(BUSINESS WIRE)--Six Flags Entertainment Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - FUN. ...

Upgrades - Baird upgraded Albemarle (ALB) to Neutral from Underperform with a price target of $113, up from $81, due to optimism regarding lithium end-market demand tied to energy storage [2] - Morgan Stanley upgraded DexCom (DXCM) to Overweight from Equal Weight with a price target of $75, up from $63, citing signs of recovery from operational challenges while valuation remains at trough levels [2] - Argus upgraded Restaurant Brands (QSR) to Buy from Hold with an $85 price target, expecting strong brands to lead to higher domestic comparable sales and international unit expansion [3] - Truist upgraded Six Flags (FUN) to Buy from Hold with a price target of $23, down from $27, noting the new CEO's promising approach to improve underperforming parks [3] - Stifel upgraded Teradyne (TER) to Buy from Hold with a price target of $225, up from $162, anticipating accelerated growth due to a favorable shift in test revenue composition [4] Downgrades - Morgan Stanley downgraded Inspire Medical (INSP) to Equal Weight from Overweight with a price target of $130, up from $105, citing lack of visibility into the core business and long-term market potential [5] - Goldman Sachs downgraded Symbotic (SYM) to Sell from Neutral with an unchanged $47 price target, believing the valuation is stretched with a 185-times enterprise value to expected forward adjusted EBITDA multiple [5] - Oppenheimer downgraded Sound Point Meridian Capital (SPMC) to Perform from Outperform, removing the price target of $20, due to higher than expected negative impact on earnings from borrower call options [5] - Morgan Stanley downgraded 10x Genomics (TXG) to Equal Weight from Overweight with a price target of $20, up from $17, following a stock rally that placed the multiple in a reasonable spot relative to growth [5] - BofA downgraded PagerDuty (PD) to Underperform from No Rating with a $12 price target, citing demand headwinds and a pricing model change that may delay growth stabilization [5]

Group 1 - Six Flags Entertainment Corporation has been significantly impacted by macroeconomic headwinds and company-specific issues, leading to poor attendance and a deteriorating financial situation [1] - The company has a high leverage ratio of 6.3, which is considered precarious, especially since anything above 4 is categorized as very high [1] - Both Six Flags and Cedar Fair entered a merger process with substantial debt, contributing to the current financial challenges faced by Six Flags [1] Group 2 - While Six Flags has potential as an investment, certain AI stocks are viewed as offering greater upside potential and less downside risk [2] - The article suggests that there are undervalued AI stocks that could benefit from current economic trends, indicating a shift in investment focus away from traditional amusement park stocks [2]

Accessibility StatementSkip Navigation PHILADELPHIA, Nov. 26, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PCÂ announces that a class action lawsuit against Six Flags Entertainment Corp. (NYSE: FUN) ("Six Flags" or the "Company") has been filed on behalf of investors who purchased or acquired Six Flags shares July 1, 2024 through November 5, 2025 (the "Class Period"), including in connection with the merger between Six Flags and Cedar Fair L.P. (the "Merger"). Investor Deadline: Invest ...

San Diego, California--(Newsfile Corp. - November 25, 2025) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (NYSE: FUN) common stock pursuant or traceable to the company's registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation ("Legacy Six Flags") with Cedar Fair, L.P. ("Cedar Fair"), and their subsidiaries and affilia ...