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April 13, 2020, 3:29 p.m. EDT

DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Six Flags Entertainment Corporation and Encourages Investors with Losses in Excess of $500,000 to Contact the Firm

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Los Angeles, California, Apr 13, 2020 (Newsfile Corp via COMTEX) -- Los Angeles, California--(Newsfile Corp. - April 13, 2020) - The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Six Flags Entertainment Corporation /zigman2/quotes/208050417/composite SIX -2.38% ("Six Flags" or "the Company") for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between April 25, 2018 and February 19, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before April 13, 2020.

If you are a shareholder who suffered a loss, click here to participate .

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com , or by email at brian@schallfirm.com .

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Six Flags suffered from park development delays in China with partner Riverside. The delays were not "short-term" by any reasonable definition, in fact, the delays were both long-term and material in nature. Riverside was in a state of severe financial distress and did not have the resources necessary to complete its projects with the Company. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Six Flags, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com

Office: 310-301-3335

Cell: 424-303-1964

info@schallfirm.com

SOURCE:

The Schall Law Firm

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54377

copyright (c) newsfile corp. 2020. all rights reserved

/zigman2/quotes/208050417/composite
US : U.S.: NYSE
$ 19.05
-0.47 -2.38%
Volume: 1.90M
July 9, 2020 2:52p
P/E Ratio
9.92
Dividend Yield
0.00%
Market Cap
$1.65 billion
Rev. per Employee
$609,878
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