SAN FRANCISCO, Feb. 13, 2020 /PRNewswire/ — Hagens Berman urges Six Flags Entertainment Corporation (NYSE: ) investors who have suffered losses in excess of $500,000 to to learn if they qualify to recover their investment losses. A securities class action has been filed against the Company and certain investors may have valuable claims.
Six Flags Entertainment Corporation (SIX) Securities Class Action:
According to the Complaint, Defendants made false and misleading statements about Six Flags’ business, operations, and growth prospects related to agreements with its partner (Riverside) to develop parks in China.
More specifically, according to the Complaint, as development of those parks began to face delays, Defendants falsely (1) downplayed the problems as “short-term” and “not material in the context of the long-term opportunity” and (2) assured