Six Flags Shareholder Alert: Deadline Approaching for Lead Plaintiff Filing

A recent shareholder notice from ClaimsFiler urges investors who lost more than US$100,000 on Six Flags Entertainment Corporation (NYSE: FUN) stock to act before the upcoming lead‑plaintiff filing deadline. Investors have until January 5, 2026 to submit their application in the class action lawsuit tied to the company’s July 1, 2024 merger with Cedar Fair, L.P. and subsidiaries. The lawsuit accuses Six Flags and certain executives, including under the leadership of then‑CEO Selim Bassoul, of omitting critical information in its registration statement for the merger. According to the complaint, the firm understated chronic underinvestment in its parks, failed to disclose that after cost‑cutting and layoffs beginning in late 2021 the parks required substantial unplanned capital and operational expenditure to stay competitive, and misrepresented the company’s financial stability and growth potential. At the close of the merger, Six Flags shares traded above US$55. Over the next months, the price plummeted to as low as US$20 — a drop of nearly 64%. Plaintiffs argue this collapse reflects the failure to disclose the company’s dire financial and operational conditions prior to the merger. The case, titled City of Livonia Employees’ Retirement System v. Six Flags Entertainment Corporation (No. 25‑cv‑02394), is pending in the U.S. District Court for the Northern District of Ohio. Certified counsel at Kahn Swick & Foti, LLC is available to discuss participation for eligible investors. #SixFlags #ClassAction #InvestorAlert #SecuritiesFraud #SlimScan #GrowthStocks #CANSLIM