SAN DIEGO, Jan. 12, 2021 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NYSE: LVS shares.
Investors, who purchased shares of Las Vegas Sands Corp. (NYSE: LVS) in January 2016 or earlier and continue to hold any of those NYSE: LVS shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
In October 2020, a lawsuit was filed against Las Vegas Sands Corp over alleged Securities Laws Violations. More specifically, the plaintiff alleged that the defendants made false and/or misleading statements and/or failed to disclose that weaknesses existed in Marina Bay Sands' casino control measures pertaining to fund transfers, that the Marina Bay Sands' casino was consequently prone to illicit fund transfers that implicated, among other issues, the transfer of customer funds to unauthorized persons and potential breaches in the Company's anti-money laundering procedures, that the foregoing foreseeably increased the risk of litigation against the Company, as well as investigation and increased oversight by regulatory authorities, that Las Vegas Sands had inadequate disclosure controls and procedures, that consequently, all the foregoing issues were untimely disclosed, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased Las Vegas Sands Corp. (NYSE: LVS) shares should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
Lawsuit for Investors in Las Vegas Sands Corp. (NYSE: LVS) shares announced by Shareholders Foundation
| Source: Shareholders Foundation, Inc.