{"id":923403,"date":"2026-01-02T18:21:02","date_gmt":"2026-01-02T23:21:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun\/"},"modified":"2026-01-02T18:21:02","modified_gmt":"2026-01-02T23:21:02","slug":"six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun\/","title":{"rendered":"Six Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation – FUN"},"content":{"rendered":"

<\/p>\n

\nSix Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation – FUN<\/p>\n

NEW YORK & NEW ORLEANS–(BUSINESS WIRE<\/a>)–Kahn Swick & Foti, LLC<\/a> (\u201cKSF\u201d) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 5, 2026<\/span><\/b> 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

\nWhat You May Do<\/p>\n

\nIf you purchased shares of Six Flags as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nyse-fun\/<\/a> to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by January 5, 2026<\/span><\/b>.<\/p>\n

\nAbout the Lawsuit<\/p>\n

\nSix 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

\nSpecifically, 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

\nOn 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

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

\nAbout Kahn Swick & Foti<\/a>, LLC<\/p>\n

\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.<\/p>\n

\nTOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services<\/p>\n

\nTo learn more about KSF, you may visit www.ksfcounsel.com<\/a>.<\/p>\n

\nCONNECT WITH US: Facebook<\/a> || Instagram<\/a> || YouTube<\/a> || TikTok<\/a> || LinkedIn<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260102658335\/en\/<\/a><\/span><\/p>\n

\nKahn Swick & Foti, LLC
\n
Lewis Kahn, Managing Partner
\n
lewis.kahn@ksfcounsel.com
\n<\/a><\/span>
1-877-515-1850
\n
1100 Poydras St., Suite 960
\n
New Orleans, LA 70163<\/p>\n

KEYWORDS:<\/b> United States North America Louisiana New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Class Action Lawsuit Professional Services Legal<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Six Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation – FUN NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–Kahn Swick & Foti, LLC (\u201cKSF\u201d) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind 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 pursuant or traceable to the company\u2019s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags … <\/p>\n

Continue reading “Six Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation – FUN”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-923403","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSix Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation - FUN - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Six Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation - FUN - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Six Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation – FUN NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–Kahn Swick & Foti, LLC (\u201cKSF\u201d) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind 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. 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Foti, Jr., remind 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 pursuant or traceable to the company\u2019s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags … Continue reading \"Six Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation – FUN\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun\/","og_site_name":"Market Newsdesk","article_published_time":"2026-01-02T23:21:02+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260102658335r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Six Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation – FUN","datePublished":"2026-01-02T23:21:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun\/"},"wordCount":694,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260102658335r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/six-flags-72-hour-deadline-alert-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags-entertainment-corporation-fun\/","name":"Six Flags 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation - 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