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Six Flags Fights Off Investor Allegations on China Park Problems

March 4, 2021, 6:24 PM

Six Flags Entertainment Corp. is free of a would-be class suit accusing it of misleading investors about planned new amusement parks in China after a federal judge in New York dismissed the case with prejudice.

The investors took issue with several Six Flags statements about its plans and partnership with a Chinese firm after the new parks didn’t pan out. But they didn’t sufficiently plead an actionable misstatement or omission, the U.S. District Court for the Northern District of Texas said.

The investors failed to “challenge the inactionability of numerous statements” when they responded to the company’s motion to ...