Pared Class Of Las Vegas Sands Investors Wins Cert.

Law360, Los Angeles (July 11, 2012, 5:28 PM EDT) -- A Nevada federal judge on Wednesday certified a class of Las Vegas Sands Corp. investors who claim the casino operator artificially inflated stock prices and made false statements regarding overseas development projects, but he limited the number of potential shareholders who could take part in the action.

U.S. District Judge Kent Dawson signed off on a class of investors who acquired Sands Corp. common stock during a nine-month period from Feb. 4 to Nov. 6, 2008. The lawsuit accuses Sands Corp. executives of downplaying an ongoing...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.