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Monday, March 28, 2011

Las Vegas Sands Corp. (LVS) FBI SEC Probe

By Tim - http://stockstobuy.org

Las Vegas Sands Corp. (LVS) stock fell today after a board member could not comment on the air today about the FBI and SEC probe below. LVS stock will continue to have resistance located at $43.15 and pullbacks below $40 are a buy.

FBI & SEC Probe of Las Vegas Sands Corporation Prompts Shareholder Claims Investigation by Goldfarb Branham Law Firm LLP

Goldfarb Branham LLP is investigating whether the board of Las Vegas Sands (NYSE:LVS) violated shareholder protection laws in connection with recently announced government investigations probing the company for potential violations of the Foreign Corrupt Practices Act. If you are a Sands shareholder or have information about this issue, contact the firm at 877-583-2855 or by email at hlindley@goldfarbbranham.com.

“Las Vegas Sands recently received a subpoena from the SEC, as well as notice of similar investigations by the FBI and DOJ, delving into potential violations of the Foreign Corrupt Practices Act,” said securities lawyer Hamilton Lindley. “Shares of Las Vegas Sands have fallen approximately 20% since the news of the government investigations. Our potential shareholder action seeks to stop the bleeding in Sands’ stock price by installing better corporate governance at the company.”



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