A class action lawsuit has been initiated against Six Flags Entertainment Corp. (NYSE: FUN) by the national plaintiffs’ law firm Berger Montague PC. The lawsuit, filed on behalf of investors who purchased Six Flags shares between July 1, 2024 and November 5, 2025, alleges that the company’s registration statement and prospectus related to its merger with Cedar Fair L.P. did not accurately reflect its financial and operational condition.
The suit claims that despite company executives touting the merger as a transformational investment, Six Flags had been suffering from chronic underinvestment. This lack of capital has left the amusement parks in need of significant operational spending, contrary to the optimistic projections presented to investors.
Investors who acquired Six Flags securities during the specified Class Period may seek to be appointed as lead plaintiff representatives. The deadline for this action is January 5, 2026. Those interested in understanding their rights can reach out to Berger Montague for more information.
On the day the merger closed, July 1, 2024, Six Flags shares traded above $55 each. However, the stock has since plummeted, experiencing a decline of nearly 64% to as low as $20, reflecting concerns over the company’s financial health and the true impact of the merger.
Berger Montague, established in 1970, has a long history of representing both individual and institutional investors in securities class action litigation. The firm operates in multiple locations across North America, including offices in Philadelphia, Minneapolis, and Toronto.
For further inquiries, investors can contact Andrew Abramowitz, Senior Counsel at Berger Montague, at (215) 875-3015 or via email at [email protected]. Alternatively, Caitlin Adorni, Director of Portfolio & Institutional Client Monitoring Services, is also available at (267) 764-4865 or [email protected].
The allegations raise significant questions about the transparency of financial communications from Six Flags and the potential implications for investors who relied on the company’s public statements during the merger process.
