Kahn Swick & Foti Urges Six Flags Investors to Take Action Before Legal Deadline

Kahn Swick & Foti Reminds Six Flags Investors of Legal Action

In a recent announcement, Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has issued a reminder to investors who have suffered significant losses from their investments in Six Flags Entertainment Corporation (NYSE: FUN). As the deadline for filing lead plaintiff applications in a class-action lawsuit approaches, affected investors are urged to act before January 5, 2026.

The lawsuit revolves around the merger of Six Flags and Cedar Fair, which took place on July 1, 2024. Following this merger, which reportedly instigated considerable fluctuations in Six Flags’ stock prices, shareholders have raised concerns over Serious allegations of misrepresentation.

Specifically, the lawsuit claims that Six Flags executives failed to disclose crucial information in their registration statement regarding the company’s financial health leading up to the merger. Investors had been assured of transformational investment initiatives, yet it appears that Legacy Six Flags had been chronically underinvested and faced severe operational challenges, requiring significant capital to maintain competitive positioning in the amusement park sector.

Following the appointment of CEO Selim Bassoul in November 2021, aggressive cost-cutting measures were implemented that ultimately hindered operational efficiency and degraded customer experiences, leaving the company in a fragile state.

As a result of these undisclosed capital needs and subsequent operational failures, on the date of the merger, Six Flags’ stock was valued at over $55 a share. However, just a short time later, shares plummeted as low as $20 — a staggering decline of approximately 64%. This has left many investors reeling and raising vociferous objections against the company’s leadership.

The ongoing case is cited as City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation, No. 25-cv-02394, currently pending in the United States District Court for the Northern District of Ohio.

Your Next Steps

For investors who purchased Six Flags stock around the merger date and want to understand their legal rights or how this case may unfold, KSF offers a thorough review without any obligation. You are encouraged to reach out to KSF’s Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email at [email protected] Furthermore, potential lead plaintiffs must file their application with the court by January 5, 2026, to be considered.

About Kahn Swick & Foti

KSF is recognized as one of the leading boutique securities litigation law firms in the nation, with a reputation for advocating on behalf of investors suffering losses due to corporate wrongdoing. The firm operates across multiple U.S. locations, with offices in New York, California, Louisiana, and more, dedicated to seeking justice and recoveries for both institutional and retail investors.

For additional information on KSF and the ongoing case, visit www.ksfcounsel.com. Stay informed and don't miss your chance to reclaim your investments as the deadline approaches!