The amusement park, known for its slogan “more flags more fun,” is caught in the middle of a class-action lawsuit after a recent merger left investors with questions and heightened tensions.

A federal class-action lawsuit accuses Six Flags and its top executives of misleading investors about deteriorating park conditions before the company’s merger last year with Cedar Fair, a major amusement park operator.

The Livonia, Michigan, municipal pension fund filed the lawsuit last week , claiming Six Flags concealed the poor state of its amusement parks while touting growth prospects to investors.

After the July 2024 merger, the company reported a sharp rise in operating costs and disappointing earnings attributed to long-neglected maintenance and underinvestment at legacy parks, according

See Full Page