Sands falls on SEC subpoena (Investor's Business Daily)

SBN CEO

Administrator
Staff member
Investor's Business Daily - The No. 1 casino operator by market value said it's also under investigation by the Justice Dept. Ex-Sands China CEO Steve Jacobs has alleged that Las Vegas Sands sought "improper leverage" in Macau, where it operates 3 casino resorts. Sands, which got the SEC request Feb. 9, said it will cooperate. The probe disclosure drove down Sands' shares 6.3%.

More...
 
Top