Investigation for Investors in shares of Las Vegas Sands Corp. (NYSE: LVS) announced

An investigation was announced over possible violations of securities laws by Las Vegas Sands Corp. in connection with certain financial statements.

Investors who purchased shares of Las Vegas Sands Corp. (NYSE: LVS), 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 focuses on possible claims on behalf of purchasers of the securities of Las Vegas Sands Corp. (NYSE: LVS) concerning whether a series of statements by Las Vegas Sands Corp. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Las Vegas, NV based Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. Las Vegas Sands reported that its annual Total Revenue rose from over $13.72 billion in 2018 to over $13.73 billion in 2019, and that its EBIT increased from over $3.77 billion in 2018 to over $4.32 billion in 2019.

On September 16, 2020, it was reported that the Company’s Singapore casino, Marina Bay Sands, “has hired a law firm to conduct a new investigation into employee transfers of more than $1 billion in gamblers’ money to third parties[.]” Further, the article quoted Singapore’s Casino Regulatory Authority stating “there were weaknesses in [Marina Bay Sands’] casino control measures pertaining to fund transfers[.]”

Shares of Las Vegas Sands Corp. (NYSE: LVS) declined from $53.51 per share on September 15, 2020, to $44.06 per share on September 24, 2020.

Those who purchased shares of Las Vegas Sands Corp. (NYSE: LVS) 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.

This release was published on openPR.