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The filed complaint alleges that Six Flags Entertainment Corporation made materially false and/or misleading statements and/or failed to disclose that: On August 6, 2025, Six Flags issued a press release announcing disappointing second quarter fiscal 2025 results where the company’s profits swung to a loss of $100m. The company slashed its full year guide, now expecting earnings of $860 million to $910 million, down from prior guidance of $1.08 billion to $1.12 billion. In its release, Six Flags largely pointed to weather impact for the downturn, but further highlighted a reduction in both season pass sales and renewal rates. The company further announced its president and CEO, Richard Zimmerman, will step down by end of year. Following this news, Six Flags’ stock price fell by $4.98 per share to open at $25.72 per share.
In order to be eligible to join the FUN class action lawsuit, you must have incurred a loss on shares of Six Flags Entertainment Corporation purchased during the class period listed above.
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