BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of Six Flags Entertainment Corporation (“Six Flags” or the “Company”) (NYSE: FUN) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SIX FLAGS ENTERTAINMENT CORPORATION (FUN), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On July 1, 2024, Six Flags completed a merger with Cedar Fair to create North America’s largest regional amusement park operator with a portfolio of approximately 40 amusement parks, water parks, and resort properties (the “Merger”).
On August 6, 2025, Six Flags released its second quarter 2025 financial results, revealing revenue of just $930 million and adjusted EBITDA of $243 million – well below consensus estimates. The Company also revealed its debt-to-earnings leverage ratio had increased to 6.2x, causing it to consider the “divestiture of non-core assets.”
The Company slashed its 2025 EBITDA guidance by $215 million at the midpoint and announced that Richard Zimmerman, Six Flag’s CEO and former Cider Fair CEO, was stepping down.
While Six Flags cited “weather” for the poor results, several analysts found it more likely that rising costs and the inability to achieve certain Merger benefits were to blame.
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, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Six Flags securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: [email protected],
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com
