Oklahoma Firefighters Pensions and Retirement System, et al., v. Six Flags Entertainment Corporation, et al.
Six Flags Securities Litigation
4:20-cv-00201-P (N.D. Tex.)

Welcome to the Six Flags Securities Litigation Website

The information contained on this website is only a summary of the information presented in more detail in the Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Settlement Hearing; and (III) Motion for Attorneys’ Fees and Litigation Expenses (the “Notice”). Because this website is just a summary, you should review the Notice for additional details.

Summary of the Action and Settlement

This Website relates to a proposed Settlement of claims in a pending securities class action brought by investors alleging, among other things, that Defendants Six Flags Entertainment Corporation (“Six Flags”), James Reid-Anderson (Six Flags’ former Chairman, President, and Chief Executive Officer), and Marshall Barber (Six Flags’ former Chief Financial Officer) (collectively, “Defendants”) violated the federal securities laws by making false and misleading statements to investors concerning the development of several Six Flags-branded theme parks in China.

Lead Plaintiff Oklahoma Firefighters Pension and Retirement System and additional Named Plaintiff Key West Police & Fire Pension Fund (collectively, “Plaintiffs”), on behalf of themselves and the Settlement Class, have settled the Action in exchange for a settlement payment of $40,000,000 in cash (the “Settlement Amount”).  The Net Settlement Fund (i.e., the Settlement Amount plus any and all interest earned thereon (the “Settlement Fund”) less (i) any Taxes; (ii) any Notice and Administration Costs; (iii) any Litigation Expenses awarded by the Court; (iv) any attorneys’ fees awarded by the Court; and (v) any other costs or fees approved by the Court) will be distributed in accordance with the plan of allocation approved by the Court.

The Settlement Class consists of:  

All persons and entities who purchased the publicly traded common stock of Six Flags between April 24, 2018 and February 19, 2020, inclusive (the “Class Period”), and were damaged thereby.

Excluded from the Settlement Class are: (i) Defendants; (ii) members of the Immediate Family of any Individual Defendant; (iii) any person who is, or was during the Class Period, an officer or director of Six Flags and any members of their Immediate Family; (iv) any affiliates or subsidiaries of Six Flags; (v) any entity in which any Defendant or any members of their Immediate Family has or had a controlling interest; and (vi) the legal representatives, heirs, agents, affiliates, successors, or assigns of any such excluded persons and entities.  Also excluded from the Settlement Class are any persons or entities who or which excluded themselves by submitting a request for exclusion that was accepted by the Court in accordance with the requirements set forth in the Notice.  

On January 28, 2025, the Court held a hearing to consider final approval of the Settlement and other matters. Following the hearing, the Court entered a Judgment Approving Class Action Settlement and orders approving the Plan of Allocation and Lead Counsel’s motion for attorney's fees and litigation expenses. On February 13, 2026, Plaintiffs submitted their Unopposed Motion for Approval of Distribution Plan to the Court.

Please read the Notice to fully understand your rights. The Notice can be found in the menu at the top of this page.

Please continue to check this website for future updates.

How do I obtain more information?

Detailed information about the Settlement is contained in the Notice, a copy of which can be found in the menu at the top of this page. Additional information can also be obtained by contacting the Claims Administrator by calling toll-free
877-753-9183 or emailing info@SixFlagsSecuritiesLitigation.com or mailing a letter to:

Six Flags Securities Litigation
c/o JND Legal Administration
PO Box 91074
Seattle, WA 98111

 

Inquiries should NOT be directed to the Court or the Clerk of the Court.

For More Information

Visit this website often to get the most up-to-date information.

Mail
Six Flags Securities Litigation
c/o JND Legal Administration
PO Box 91074
Seattle, WA 98111