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Securities firm investigates Six Flags over $100M loss and potential law violations.
Securities firm Levi & Korsinsky is investigating Six Flags Entertainment for potential securities law violations following the company's announcement of a $100 million loss and a downward revision of its earnings forecast.
The investigation comes amid declining attendance at Six Flags parks, the resignation of CEO Richard Zimmerman, and a fraud probe initiated by investors.
The company has also faced legal troubles and financial difficulties, including park closures and staff layoffs.
Despite these issues, Six Flags has reported increased demand for its parks and a rise in season pass sales.
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La firma de valores investiga Six Flags por pérdidas de $100 millones y posibles violaciones de la ley.