Six Flags Entertainment (SIX) Investor Settlement

N.D. Texas

Court

4:20-cv-00201

Case number

24 Apr 2018

Class period Start

19 Feb 2020

Class period End

Six Flags reached a settlement with $SIX investors to resolve claims that it misled them about growth and park deals with Riverside in China.

Case Status

Tentative Settlement

Alleged Offence

Mismanagement,

Misleading Statements,

Omissions

Suspected Party

Directors,

Management

Security Type

Stocks

Trade Direction

Long

Filing date

12 February 2020

Plaintiffs

Oklahoma Firefighters Pension and Retirement System

Attorneys

Bernstein Litowitz Berger & Grossmann LLP (New York, NY), Klausner, Kaufman, Jensen & Levinson (Plantation, FL), The Law Office of Jason Nash, P.L.L.C. (Weatherford, TX)

Defendants

James Reid-Anderson, Marshall Barber

Judge

Hon. Mark Pittman

Trades matching type

FIFO

+$40,000,000

Cash Settlement Amount

Six Flags Entertainment New

Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and sho...

Ticker

SIX.US

ISIN

US83001A1025

CIK

701374

Sector

Consumer Cyclical

Industry

Leisure

Country

USA

Address

1000 Ballpark Way, Arlington, TX, United States, 76011