Penn National Defends Execs' Legal Woes In Gaming Bid

Law360, New York (September 18, 2013, 6:56 PM EDT) -- Penn National Gaming Inc. on Wednesday defended its ties to a former CEO and current senior vice president, both of which have been embroiled in litigation alleging securities fraud, during a hearing that will determine whether it can advance a Massachusetts gaming license bid.

During an adjudicatory hearing of the Massachusetts Gaming Commission, counsel and current executives for Penn National defended the company's hiring and management decisions as they related to former CEO Daniel Mudd and current Senior Vice President of Corporate Development Steven Snyder. The...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.