Summary Judgment Properly Granted In Securities Class Action, Defendants Say

(November 2, 2017, 9:07 AM EDT) -- SAN FRANCISCO — A federal district court properly granted summary judgment in a securities class action lawsuit against casino/resort owner Las Vegas Sands Corp. (LVS) and certain of its executive officers because the lead plaintiffs in the action failed to plead the required actionable misrepresentations or omissions or loss causation, defendants argue in an Oct. 13 answering brief filed in the Ninth Circuit U.S. Court of Appeals (Pompano Beach Police & Firefighters Retirement System, et al. v. Las Vegas Sands Corp., et al., No. 17-15216, 9th Cir.)....

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