A class action lawsuit has been initiated against Six Flags Entertainment Corp. (NYSE: FUN) by the national law firm Berger Montague PC on behalf of investors who purchased shares between July 1, 2024 and November 5, 2025. The lawsuit stems from allegations that the company misrepresented its financial condition during its merger with Cedar Fair L.P..
According to the complaint filed in Philadelphia, the registration statement and prospectus related to the merger did not accurately convey the financial and operational status of Six Flags. The lawsuit claims that despite the company’s executives asserting that the merger would result in transformational investments, Six Flags had been grappling with underinvestment, which left its parks in dire need of significant capital and operational enhancements.
On the closing date of the merger, July 1, 2024, Six Flags shares traded at over $55 each. However, the stock price saw a dramatic decline, falling to as low as $20 per share, representing a nearly 64% drop. This steep decline has raised concerns among investors regarding the accuracy of the information provided during the merger process.
Investors who acquired Six Flags securities during the defined class period have until January 5, 2026 to seek appointment as lead plaintiffs in the class action. Those interested in this opportunity can obtain further information by contacting Berger Montague directly.
Berger Montague, which has specialized in securities class action litigation since its founding in 1970, operates from multiple offices across North America, including Philadelphia, Minneapolis, and San Francisco. The firm has a long history of representing individual and institutional investors and has served as lead counsel in significant cases throughout the United States.
For inquiries regarding this class action or to learn more about individual rights, interested parties may reach out to Andrew Abramowitz, Senior Counsel at Berger Montague, at (215) 875-3015 or via email at [email protected]. Caitlin Adorni, Director of Portfolio & Institutional Client Monitoring Services, can be contacted at (267) 764-4865 or [email protected].
As the legal proceedings unfold, the implications for Six Flags and its investors will continue to develop, emphasizing the importance of transparency and accuracy in corporate communications during significant business transactions.
