Defendants Seek Summary Judgment On Federal Securities Law Claims
(February 5, 2016, 11:46 AM EST) -- LAS VEGAS — Defendants in a securities class action lawsuit asked a federal judge on Jan. 22 to grant summary judgment on claims that they misrepresented the business and financial condition of Las Vegas Sands Corp. (LVS) in violation of federal securities laws (Frank J. Fosbre Jr. v. Las Vegas Sands Corp., et al., No. 10-765, D. Nev.).
(LVS defendants’ motion for summary judgment available. Document #57-160216-502B.)
Shareholder Frank J. Fosbre Jr. filed a complaint in May 2010 in the U.S. District Court for the District...