MGM Mirage Faces Securities Action Over CityCenter

Law360, New York (August 19, 2009, 5:50 PM EDT) -- MGM Mirage and four top executives have been hit with a putative shareholder class action in the wake of reports in March that the casino operator's embattled CityCenter resort in Las Vegas was on the brink of bankruptcy.

The suit was filed Monday in the U.S. District Court for the District of Nevada by Coughlin Stoia Geller Rudman & Robbins LLP, and names MGM Mirage CEO James Murren, former CEO J. Terrence Lanni, Chief Financial Officer Daniel D'Arrigo and CEO of subsidiary Mirage Resorts Inc. as...
To view the full article, register now.