How much does the Six Flags Securities Litigation Settlement pay?

The total settlement fund is $40M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.

Is the Six Flags Securities Litigation Settlement notice real, or a scam?

JND Legal Administration is the settlement administrator for this case. Claims are filed at sixflagssecuritieslitigation.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.

When will payments from the Six Flags Securities Litigation Settlement be sent?

Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for January 28, 2025; no payments can be issued before a settlement receives final approval.

Claims closedsecurities

Six Flags Securities Litigation Settlement

Last verified September 9, 2026Source: jndHow ClaimWatch verifies cases

This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

Defendants Six Flags Entertainment Corporation, former Chairman and CEO James Reid-Anderson, and former CFO Marshall Barber allegedly violated federal securities laws by making false and misleading statements to investors concerning the development of Six Flags-branded theme parks in China. Six Flags has agreed to pay $40 million to settle these claims without admitting wrongdoing.

Do you qualify?

All persons and entities who purchased publicly traded common stock of Six Flags between April 24, 2018 and February 19, 2020, inclusive. Excluded are Defendants, their immediate family members, company officers and directors, company affiliates, subsidiaries, and anyone with a controlling interest in Six Flags.

How to file

The settlement has already been approved and distributions began on March 31, 2026. All authorized claimants will receive distributions on a rolling basis. For questions, contact JND Legal Administration at 877-753-9183 or info@SixFlagsSecuritiesLitigation.com.

Common questions

How much does the Six Flags Securities Litigation Settlement pay?: The total settlement fund is $40M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
Is the Six Flags Securities Litigation Settlement notice real, or a scam?: JND Legal Administration is the settlement administrator for this case. Claims are filed at sixflagssecuritieslitigation.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
When will payments from the Six Flags Securities Litigation Settlement be sent?: Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for January 28, 2025; no payments can be issued before a settlement receives final approval.

New to class actions?

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

Settlement fund: $40M
Class period: April 24, 2018 – February 19, 2020
Final hearing: January 28, 2025
Case: Oklahoma Firefighters Pensions and Retirement System, et al., v. Six Flags Entertainment Corporation, et al.
Case number: 4:20-cv-00201-P
Court: U.S. District Court, Northern District of Texas
Administrator: JND Legal Administration

Official settlement website →

Case status & court docket

Federal court in TexasMore from Texas

U.S. District Court, Northern District of Texas

Case terminated January 28, 2025

February 18, 2026
Distribution to class
ORDER APPROVING DISTRIBUTION PLAN: WHEREAS, Plaintiffs moved this Court for an order approving a distribution plan for the Net Settlement Fund in the above - captioned securities class action. (re: 57 ) Plaintiffs' plan for distribution of the Net Settlement Fund to Authorized Claimants is APPROVED.
February 13, 2026
Distribution to class
MOTION for Approval of Distribution Plan (Unopposed) filed by Key West Police & Fire Pension Fund, Oklahoma Firefighters Pension and Retirement System with Brief/Memorandum in Support. (Rizio-Hamilton, John) (Entered: 02/13/2026)
January 21, 2025
Final approval
Appendix in Support filed by Key West Police & Fire Pension Fund, Oklahoma Firefighters Pension and Retirement System re 147 MOTION for Final Approval of Settlement and Plan of Allocation, 148 MOTION for Attorney Fees and Litigation Expenses [Supplemental Appendix] (Rizio-Hamilton, John) (Entered: 0
December 24, 2024
Final approval
Appendix in Support filed by Key West Police & Fire Pension Fund, Oklahoma Firefighters Pension and Retirement System re 147 MOTION for Final Approval of Settlement and Plan of Allocation, 148 MOTION for Attorney Fees and Litigation Expenses (Rizio-Hamilton, John) (Entered: 12/24/2024)
September 23, 2024
Preliminary approval
ORDER PRELIMINARILY APPROVING SETTLEMENT AND PROVIDING FOR NOTICE: The Court will hold a hearing (the Settlement Hearing) on Tuesday, January 28, 2025, at 9:00 a.m. The Court stays all proceedings in the Action other than proceedings necessary to carry out or enforce the terms and conditions of the
September 3, 2024
Preliminary approval
Appendix in Support filed by Key West Police & Fire Pension Fund, Oklahoma Firefighters Pension and Retirement System re 144 MOTION [Plaintiffs' Unopposed Motion for an Order Preliminarily Approving Proposed Class Action Settlement and Authorizing Dissemination of Notice to the Settlement Class] (Ri

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