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NEW YORK, Dec. 28, 2025 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed on behalf of purchasers or acquirers of Six Flags Entertainment Corporation f\/k\/a CopperSteel HoldCo, Inc. (NYSE: FUN) 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).\u00a0<\/p>\n
Six Flags Class Definition<\/strong>\u00a0 Six Flags Case Details<\/strong>\u00a0 (1) Despite executives\u2019 claims that Legacy Six Flags had pursued transformational investment initiatives prior to the Merger, the company in fact suffered from chronic underinvestment, and its amusement parks required millions of dollars in additional capital and operational expenditures beyond historical cost trends to maintain\u2014let alone grow\u2014market share in a highly competitive industry;\u00a0 What’s Next for Six Flags Investors?<\/strong>\u00a0 No Cost to Six Flags Investors<\/strong><\/p>\n We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys\u2019 fees, usually a percentage of the total recovery, only if we are successful.<\/p>\n Why Bronstein, Gewirtz & Grossman, LLC for Six Flags Securities Class Action?<\/strong><\/p>\n Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com<\/u><\/a>.<\/p>\n “Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace,” said Peretz Bronstein<\/u><\/a>, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.<\/p>\n Follow us for updates on LinkedIn<\/u><\/a>, X<\/u><\/a>, Facebook<\/u><\/a>, or Instagram<\/u><\/a>.<\/p>\n
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that\u00a0held shares of\u00a0Six Flags Entertainment Corporation f\/k\/a\u00a0CopperSteel\u00a0HoldCo, Inc. (\u201cSix Flags\u201d or the \u201cCompany\u201d) common stock pursuant and\/or traceable to the Company\u2019s Registration Statement and prospectus issued in connection with the July 1, 2024 merger\u00a0(the \u201cMerger Date\u201d)\u00a0of legacy Six Flags Entertainment Corporation (\u201cLegacy Six Flags\u201d) with Cedar Fair, L.P. (\u201cCedar Fair\u201d), and their subsidiaries and affiliates.\u00a0Such investors are encouraged to join this case by visiting the firm\u2019s site:\u202fbgandg.com\/FUN<\/u><\/a>.\u00a0<\/p>\n
The Complaint alleges that the Registration Statement for the Merger was negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made therein not misleading, and was not prepared in accordance with the rules and regulations governing its preparation. Specifically, the Registration statement failed to disclose that:\u00a0<\/p>\n
(2) Following defendant Selim Bassoul\u2019s 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;
(3) 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.\u00a0<\/p>\n
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm\u2019s site:\u00a0bgandg.com\/FUN<\/u><\/a>,\u00a0or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you\u00a0purchased\u00a0Six Flags,\u00a0you have until\u00a0January 5, 2026,\u00a0to\u00a0request\u00a0that the Court appoint you as lead plaintiff. Your ability to share in any recovery\u00a0doesn’t\u00a0require that you serve as lead plaintiff.\u00a0<\/p>\n