{"id":2072,"date":"2020-04-13T06:49:59","date_gmt":"2020-04-13T06:49:59","guid":{"rendered":"https:\/\/icrowdnewswire.com\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags\/"},"modified":"2020-04-13T06:49:59","modified_gmt":"2020-04-13T06:49:59","slug":"six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-fl","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-fl\/","title":{"rendered":"SIX FLAGS 24 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK &amp; FOTI, LLC REMIND INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation &ndash; SIX"},"content":{"rendered":"<p><span class=\"xn-location\">NEW ORLEANS<\/span>,&nbsp;&nbsp;&#8212;&nbsp;Kahn Swick &amp; Foti, LLC (&#8220;KSF&#8221;) and KSF partner, the former Attorney General of&nbsp;<span class=\"xn-location\">Louisiana<\/span>,&nbsp;<span class=\"xn-person\">Charles C. Foti, Jr.<\/span>, remind investors that they have only until&nbsp;<strong><u><span class=\"xn-chron\">April 13, 2020<\/span><\/u><\/strong>&nbsp;to file lead plaintiff applications in a securities class action lawsuit against Six Flags Entertainment Corporation (NYSE:&nbsp;SIX), if they purchased the Company&#8217;s shares between&nbsp;<span class=\"xn-chron\">April 25, 2018<\/span>&nbsp;and&nbsp;<span class=\"xn-chron\">January 9, 2020<\/span>, inclusive (the &#8220;Class Period&#8221;).&nbsp;This action is pending in&nbsp;<span class=\"xn-location\">the United States<\/span>&nbsp;District Court for the Northern District of&nbsp;<span class=\"xn-location\">Texas<\/span>.<\/p>\n<p>What You May Do<\/p>\n<p>If you purchased shares of Six Flags and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit&nbsp;https:\/\/www.ksfcounsel.com\/cases\/nyse-six\/&nbsp;to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by&nbsp;<strong><u><span class=\"xn-chron\">April 13, 2020<\/span><\/u><\/strong>.<\/p>\n<p>About the Lawsuit<\/p>\n<p>Six Flags and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.<\/p>\n<p>On&nbsp;<span class=\"xn-chron\">January 10, 2020<\/span>, pre-market, the Company disclosed a range of negative information including difficulties and delays with the development of its parks in&nbsp;<span class=\"xn-location\">China<\/span>&nbsp;and that its exclusive partner in the&nbsp;<span class=\"xn-location\">China<\/span>&nbsp;projects, Chinese real estate developer, Riverside Investment Group Co. Ltd., had defaulted on its payment obligations to Six Flags. As a result, the Company would realize no revenue from its agreements with&nbsp;<span class=\"xn-location\">Riverside<\/span>&nbsp;in the fourth quarter of 2019 and expected to make a negative&nbsp;<span class=\"xn-money\">$1 million<\/span>&nbsp;revenue adjustment as well as one-time charges totaling approximately&nbsp;<span class=\"xn-money\">$10 million<\/span>.<\/p>\n<p>On this news, the price of Six Flags&#8217; shares plummeted nearly 18% on high trading volume.<\/p>\n<p>The case is&nbsp;<em>Electrical Workers Pension Fund, Local 103, I.B.E.W. v. Six Flags Entertainment Corporation<\/em>, 20-cv-00201.<\/p>\n<p>About Kahn Swick &amp; Foti, LLC<\/p>\n<p>KSF, whose partners include former&nbsp;<span class=\"xn-location\">Louisiana<\/span>&nbsp;Attorney General&nbsp;<span class=\"xn-person\">Charles C. Foti, Jr.<\/span>, is one of the nation&#8217;s premier boutique securities litigation law firms. KSF serves a variety of clients &ndash; including public institutional investors, hedge funds, money managers and retail investors &ndash; in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in&nbsp;<span class=\"xn-location\">New York<\/span>,&nbsp;<span class=\"xn-location\">California<\/span>&nbsp;and&nbsp;<span class=\"xn-location\">Louisiana<\/span>.<\/p>\n<p>To learn more about KSF, you may visit&nbsp;www.ksfcounsel.com.<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.ksfcounsel.com\" target=\"_blank\">http:\/\/www.ksfcounsel.com<\/a><br \/><b>Contact Information:<\/b><br \/>Kahn Swick &#038; Foti, LLC<br \/>\nLewis Kahn, Managing Partner<br \/>\nlewis.kahn@ksfcounsel.com<br \/>\n1-877-515-1850<br \/>\n1100 Poydras St., Suite 3200<br \/>\nNew Orleans, LA 70163<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Kahn Swick &#038; Foti, LLC<br \/>\nLewis Kahn, Managing Partner<br \/>\nlewis.kahn@ksfcounsel.com<br \/>\n1-877-515-1850<br \/>\n1100 Poydras St., Suite 3200<br \/>\nNew Orleans, LA 70163<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW ORLEANS,&nbsp;&nbsp;&mdash;&nbsp;Kahn Swick &amp; Foti, LLC (&ldquo;KSF&rdquo;) and KSF partner, the former Attorney General of&nbsp;Louisiana,&nbsp;Charles C. Foti, Jr., remind investors that they have only until&nbsp;April 13, 2020&nbsp;to file lead plaintiff applications in a securities class action lawsuit against Six Flags Entertainment Corporation (NYSE:&nbsp;SIX), if they purchased the Company&rsquo;s shares between&nbsp;April 25, 2018&nbsp;and&nbsp;January 9, 2020, inclusive &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-flags\/\">Continue reading <span>SIX FLAGS 24 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK &amp; FOTI, LLC REMIND INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation &ndash; SIX<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-fl\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,22,54],"tags":[],"class_list":["post-2072","post","type-post","status-publish","format-standard","hentry","category-english","category-legal-newswire","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SIX FLAGS 24 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK &amp; FOTI, LLC REMIND INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation &ndash; SIX - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-fl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SIX FLAGS 24 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK &amp; FOTI, LLC REMIND INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation &ndash; SIX - Business\" \/>\n<meta property=\"og:description\" content=\"NEW ORLEANS,&nbsp;&nbsp;&mdash;&nbsp;Kahn Swick &amp; Foti, LLC (&ldquo;KSF&rdquo;) and KSF partner, the former Attorney General of&nbsp;Louisiana,&nbsp;Charles C. Foti, Jr., remind investors that they have only until&nbsp;April 13, 2020&nbsp;to file lead plaintiff applications in a securities class action lawsuit against Six Flags Entertainment Corporation (NYSE:&nbsp;SIX), if they purchased the Company&rsquo;s shares between&nbsp;April 25, 2018&nbsp;and&nbsp;January 9, 2020, inclusive &hellip; Continue reading SIX FLAGS 24 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK &amp; FOTI, LLC REMIND INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation &ndash; SIX Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-fl\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-13T06:49:59+00:00\" \/>\n<meta name=\"author\" content=\"Charles Brown\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Charles Brown\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-fl\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-fl\/\",\"name\":\"SIX FLAGS 24 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK &amp; 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Foti, Jr., remind investors that they have only until&nbsp;April 13, 2020&nbsp;to file lead plaintiff applications in a securities class action lawsuit against Six Flags Entertainment Corporation (NYSE:&nbsp;SIX), if they purchased the Company&rsquo;s shares between&nbsp;April 25, 2018&nbsp;and&nbsp;January 9, 2020, inclusive &hellip; Continue reading SIX FLAGS 24 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK &amp; FOTI, LLC REMIND INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation &ndash; SIX Continue Reading &rarr;","og_url":"http:\/\/ipsnews.net\/business\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-fl\/","og_site_name":"Business","article_published_time":"2020-04-13T06:49:59+00:00","author":"Charles Brown","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Charles Brown","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"http:\/\/ipsnews.net\/business\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-fl\/","url":"http:\/\/ipsnews.net\/business\/2020\/04\/13\/six-flags-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-six-fl\/","name":"SIX FLAGS 24 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK &amp; 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