February 23, 2016
MGM Resorts International on Monday blasted detractors of a planned $75 million settlement of a shareholder suit accusing the company of misleading investors about issues with its $9 billion CityCenter development, arguing in Nevada federal court that the deal was fair and that a trial would have been tough.
August 31, 2015
The lead plaintiffs in a shareholder suit accusing MGM Resorts International of misleading investors about the financial health of its $9 billion CityCenter development in Las Vegas sought preliminary approval Friday for a $75 million settlement they called an "outstanding" result.
February 03, 2015
MGM Resorts International urged a Nevada federal judge on Monday to deny class certification in a suit brought by institutional investors alleging the hotel and gaming giant misled them about the financial health of its $9 billion CityCenter development in Las Vegas, saying they don't have enough evidence for class status.
November 13, 2014
Pension funds suing MGM Resorts International over its supposed misstatements about the financial health of a $9 billion Las Vegas development asked a Nevada federal judge for class certification of all allegedly harmed investors on Thursday.
September 27, 2013
A Nevada federal judge on Friday rebuffed a bid by MGM Resorts International and top executives to toss an investor suit over losses from an allegedly troubled $9 billion Las Vegas development, finding investors adequately contend that MGM misled them about its financial health and the project's status.
July 24, 2012
An MGM Resorts International investor asked a Nevada federal judge on Tuesday to replace the company's late CEO with his widow as a defendant in multidistrict litigation over alleged stock losses from a troubled $9 billion Las Vegas development.