Las Vegas Sands

A shareholder derivative complaint filed in federal court in Nevada Monday alleges Sheldon Adelson, and other directors, officers and controlling shareholders of Las Vegas Sands Corp., filed misleading proxy statements and caused the company to repurchase more than $2 billion worth of its own stock at artificially inflated prices.

LAS VEGAS — A shareholder derivative complaint filed Monday in Nevada federal court alleges that Sheldon Adelson and other directors, officers and controlling shareholders of Las Vegas Sands Corp. filed misleading proxy statements and caused the company to repurchase more than $2 billion worth of its own stock at artificially inflated prices.

Categories / Business, Financial, Securities

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