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Fosbre v. Las Vegas Sands Corp. et al
Case Number:
2:10-cv-00765
Court:
Nature of Suit:
Judge:
Firms
- Bernstein Liebhard
- Kaempfer Crowell
- Katten Muchin
- Law Offices of Mark Wray
- Paul Hastings
- Peterson Baker
- Robbins Geller
- Santoro Whitmire
- Sidley Austin
Companies
Sectors & Industries:
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May 03, 2018
9th Circ. OKs Las Vegas Sands Win In Shareholder Suit
The Ninth Circuit has affirmed a win for casino operator Las Vegas Sands in a certified shareholder class action accusing it of hurting investors with misleading statements by executives about the company's finances and development pipeline, ruling the investors failed to show Sands officials fraudulently inflated the company's stock price.
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January 04, 2017
Las Vegas Sands Wins Shareholder Suit Over Derailed Plans
A Nevada federal judge has granted bids by casino operator Las Vegas Sands and a former executive to end a shareholder class action accusing the company of inflating its stock price by misleading investors about its development pipeline, saying none of the alleged misstatements qualified as deceptive.
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January 25, 2016
Las Vegas Sands Says It Told Investors Of Derailed Plans
Casino operator Las Vegas Sands and a former executive asked a Nevada federal court on Friday to toss a trimmed shareholder class action accusing the company of inflating its stock price by misleading investors about its development pipeline, arguing the company kept shareholders informed as the economic downturn forced it to revise its plans.
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July 11, 2012
Pared Class Of Las Vegas Sands Investors Wins Cert.
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.
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September 09, 2011
Las Vegas Sands Fights Ruling In Investor Fraud Action
Las Vegas Sands Corp. on Wednesday again attempted to toss fraud claims from a putative class action alleging the casino operator artificially inflated stock prices, claiming a judge improperly allowed the suit to go forward by relying on flawed evidence.
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August 25, 2011
Las Vegas Sands Can't Shake Investors' Fraud Action
A federal judge in Nevada on Thursday let Las Vegas Sands Corp. shareholders move ahead with a putative class action alleging the casino operator misrepresented its prospects and liquidity, but ruled that many of the statements were protected by safe harbor provisions.