The Law Offices of Frank R. Cruz announces an investigation of Las Vegas Sands Corp. ("Las Vegas Sands" or the "Company") (NYSE: LVS) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On September 16, 2020, Bloomberg 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." The article also stated that Singapore’s Casino Regulatory Authority had identified "weaknesses in [Marina Bay Sands’] casino control measures pertaining to fund transfers."
On this news, Las Vegas Sands stock price fell $2.18 per share, or 4%, to close at $49.67 per share on September 16, 2020, thereby injuring investors.
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If you purchased Las Vegas Sands securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to firstname.lastname@example.org, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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