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Lawsuit for Investors in Las Vegas Sands Corp. shares announced by Shareholders Foundation

Lawsuit for Investor

iCrowdNewswire   Jan 13, 2021  7:49 AM ET

 The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NYSE: LVS shares.

Investors, who purchased shares of Las Vegas Sands Corp. in January 2016 or earlier and continue to hold any of those NYSE: LVS shares, have certain options and should contact the Shareholders Foundation at or call +1(858) 779 – 1554.

In October 2020, a lawsuit was filed against Las Vegas Sands Corp over alleged Securities Laws Violations. More specifically, the plaintiff alleged that the defendants made false and/or misleading statements and/or failed to disclose that weaknesses existed in Marina Bay Sands’ casino control measures pertaining to fund transfers, that the Marina Bay Sands’ casino was consequently prone to illicit fund transfers that implicated, among other issues, the transfer of customer funds to unauthorized persons and potential breaches in the Company’s anti-money laundering procedures, that the foregoing foreseeably increased the risk of litigation against the Company, as well as investigation and increased oversight by regulatory authorities, that Las Vegas Sands had inadequate disclosure controls and procedures, that consequently, all the foregoing issues were untimely disclosed, and that as a result, the Company’s public statements were materially false and misleading at all relevant times.

Those who purchased Las Vegas Sands Corp. shares should contact the Shareholders Foundation, Inc.

Shareholders Foundation, Inc. 
Michael Daniels 
+1 (858) 779-1554 
3111 Camino Del Rio North 
Suite 423 
San Diego, CA 92108

Contact Information:

Shareholders Foundation, Inc. 
Michael Daniels 
+1 (858) 779-1554 

Tags:    Wire, Disclosure Newswire, United States, English