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Investigation for Long Term Investors in NASDAQ: ERI shares over potential Wrongdoing at Eldorado Resorts, Inc.

02-03-2020 08:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Eldorado Resorts, Inc. (NASDAQ: ERI) shares.

An investigation on behalf of current long term investors in Eldorado Resorts, Inc. (NASDAQ: ERI) shares.

An investigation was announced for current long-term investors in shares of Eldorado Resorts, Inc. (NASDAQ: ERI) concerning potential breaches of fiduciary duties by certain directors and officers of Eldorado Resorts, Inc..

Investors who are current long term investors in Eldorado Resorts, Inc. (NASDAQ: ERI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: ERI stocks follows a lawsuit filed against Eldorado Resorts, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: ERI stocks, concerns whether certain Eldorado Resorts, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that several of the Company's executive officers, including CEO Thomas Reeg, engaged in improper trading with respect to the securities of another publicly-traded company, and that as a result, Defendants' statements about Eldorado's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Those who purchased shares of Eldorado Resorts, Inc. (NASDAQ: ERI) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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