Securities Fraud Investigation Into Six Flags Entertainment Corporation (FUN) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Six Flags Entertainment Corporation (“Six Flags” or the “Company”) (NYSE: FUN) on behalf of investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON SIX FLAGS ENTERTAINMENT CORPORATION (FUN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is The Investigation About?

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:

The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: [e-mail]
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

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