Lead Plaintiff Deadline: April 13, 2020
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(1) Riverside Investment Group Co. Ltd. (“Riverside”), the Chinese real estate developer with which Six Flags partnered, faced far more financial distress than disclosed to investors; (2) as a result, there was a high likelihood that Riverside would default on its payment obligations to the Company; (3) the Company’s international strategy, which relied predominantly on its exclusive agreements with Riverside to develop Six Flags-branded parks in China to drive revenue growth, was significantly less promising than represented to investors; and (4) as a result of the foregoing, Defendants’ statements about the Company’s business, operations and prospects lacked a reasonable basis.
In order to be included in the lawsuit, you must have incurred a loss on shares of Six Flags Entertainment Corporation purchased or acquired during the class period listed above.
If you suffered a loss in Six Flags Entertainment Corporation during the relevant time frame, you have until April 13, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.