{"id":2153392,"date":"2025-11-13T05:01:30","date_gmt":"2025-11-13T05:01:30","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2153392"},"modified":"2025-11-13T05:01:30","modified_gmt":"2025-11-13T05:01:30","slug":"six-flags-shareholder-alert-claimsfiler-reminds-investors","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/six-flags-shareholder-alert-claimsfiler-reminds-investors\/","title":{"rendered":"Six Flags Shareholder Alert: ClaimsFiler Reminds Investors"},"content":{"rendered":"

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NEW ORLEANS, Nov. 12, 2025 (GLOBE NEWSWIRE) — ClaimsFiler<\/a>, a FREE shareholder information service, reminds investors that they have until January 5, 2026<\/u><\/strong> to file lead plaintiff applications in a securities class action lawsuit against Six Flags Entertainment<\/a> Corporation f\/k\/a CopperSteel HoldCo, Inc. (NYSE: FUN), if they purchased or otherwise acquired the Company\u2019s common stock pursuant or traceable to the company\u2019s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation (\u201cLegacy Six Flags\u201d) with Cedar Fair, L.P. (\u201cCedar Fair\u201d), and their subsidiaries and affiliates (the \u201cMerger\u201d). This action is pending in the United States District Court for the Northern District of Ohio.<\/p>\n

Get Help<\/p>\n

Six Flags investors should visit us at https:\/\/www.claimsfiler.com\/cases\/nyse-fun-1<\/a> or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.<\/p>\n

About the Lawsuit<\/p>\n

Six Flags and certain of its executives are charged with failing to disclose material information in the registration statement for the Merger, violating federal securities laws.<\/p>\n

Specifically, the Registration statement failed to disclose that (i) despite the Company\u2019s claims that it had pursued transformational investment initiatives in the years leading up to the Merger, Legacy Six Flags in fact suffered from chronic underinvestment and its parks required millions of dollars in additional capital and operational expenditures above the company\u2019s historical cost trends in order to maintain or grow Legacy Six Flags\u2019 share in the intensely competitive amusement park market; (ii) following defendant Selim Bassoul’s appointment as CEO in November 2021, the company implemented aggressive cost-cutting measures, including significant reductions in employee headcount, which materially degraded operational competence and guest experience; (iii) as a result, Legacy Six Flags required a substantial and undisclosed capital infusion to stabilize and revitalize its business, and these acute capital needs fundamentally undermined the rationale for the Merger as presented in the registration statement.<\/p>\n

On the Merger closing date, July 1, 2024, Six Flags stock traded above $55 per share. The price of Six Flags stock subsequently fell as low as $20 per share, a nearly 64% decline.<\/p>\n

The case is City of Livonia Employees\u2019 Retirement System v. Six Flags Entertainment Corporation, <\/em>No. 25-cv-02394.<\/p>\n

About ClaimsFiler<\/p>\n

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.<\/p>\n

To learn more about ClaimsFiler, visit www.claimsfiler.com<\/a>.<\/p>\n

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\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n

\u2018 Some details of this article were extracted from the following source www.globenewswire.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

NEW ORLEANS, Nov. 12, 2025 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until January 5, 2026 to file lead plaintiff applications in a securities class action lawsuit against Six Flags Entertainment Corporation f\/k\/a CopperSteel HoldCo, Inc. (NYSE: FUN), if they purchased or otherwise acquired the Company\u2019s common stock […]<\/p>\n","protected":false},"author":2,"featured_media":2153393,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[349672,382510,412171,412172,396776,412170],"class_list":["post-2153392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-class-action","tag-llc","tag-securities-fraud","tag-securities-litigation","tag-six-flags","tag-skymedia"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/11\/Six-Flags-Shareholder-Alert-ClaimsFiler-Reminds-Investors.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2153392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2153392"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2153392\/revisions"}],"predecessor-version":[{"id":2153394,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2153392\/revisions\/2153394"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2153393"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2153392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2153392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2153392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}