TOLEDO, Ohio — A new federal lawsuit accuses Six Flags leaders of concealing widespread neglect across their amusement parks ahead of last year's multibillion-dollar merger with Cedar Fair , the parent company to Cedar Point .
The complaint — filed by the City of Livonia Employees' Retirement System in Michigan — alleges Six Flags cut staff, deferred maintenance, and skipped critical repairs while publicly promising investors "premium" park upgrades.
The pension fund says it bought stock issued through the 2024 Six Flags-Cedar Fair merger and later lost money when the truth surfaced. Court documents claim that after the merger closed in July 2024, operating costs soared by about $427 million in the first full quarter of combined operations. Executives said the extra spending was need

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