NEW YORK, Aug. 22, 2012 /PRNewswire/ --Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Las Vegas Sands Corp. ("Sands" or the "Company") (NYSE: LVS), concerning whether the board has breached its fiduciary duties to shareholders.
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Sands is facing investigations from both the U.S. Department of Justice and the U.S. Securities and Exchange Commission, for violations of the Foreign Corrupt Practices Act. These investigations are costly to Sands.
The dismissal of Steven Jacobs, the former Chief Executive Officer of Sands China Limited ("SCL"), who was responsible for Sands operations in Macau, has brought many of the board's failures, as well as indiscretions, to light. Jacobs' termination has led to both costly legal actions and a number of investigations into the Sands.
Our investigation concerns whether the Sands board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Las Vegas Sands Corp. shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Matthew Houston, Esq.
Christopher Safrath
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: csafrath@hfesq.com
Website: http://www.hfesq.com
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
Attorney Advertising. © 2012 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.
SOURCE Harwood Feffer LLP
