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News Breaks | | | | March 2, 2013 | | 18:21 EDT |  | LVS | Las Vegas Sands discloses in a 10K filing of 'likely' violations of FCPA
Las Vegas Sands disclosed in a regulatory filing on Friday: "On February 9, 2011, Las Vegas Sands received a subpoena from the Securities and Exchange Commission, SEC, requesting that the company produce documents relating to its compliance with the Foreign Corrupt Practices Act, FCPA. The company has also been advised by the Department of Justice, DOJ, that it is conducting a similar investigation. As part of the annual audit of the company’s financial statements, the Audit Committee advised the company and its independent accountants that it had reached certain preliminary findings, including that there were likely violations of the books and records and internal controls provisions of the FCPA and that in recent years, the company has improved its practices with respect to books and records and internal controls. Based on the information provided to management by the Audit Committee and its counsel, the Company believes, and the Audit Committee concurs, that the preliminary findings: do not have a material impact on the financial statements of the Company; do not warrant any restatement of the Company’s past financial statements; and do not represent a material weakness in the Company’s internal controls over financial reporting as of December 31." | |
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News For LVS From The Last 14 Days Check below for free stories on LVS the last two weeks. |
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| May 14, 2013 | | 14:23 EDT |  | LVS | Las Vegas Sands loses $70M verdict in Macau suit, AP reports
 Subscribe for More Information | | | 14:14 EDT | | LVS | Las Vegas Sands loses trial over Macau license claims, Bloomberg reports
Subscribe for More Information | | | 14:12 EDT | | LVS | Verdict reached in breach of contract suit against Las Vegas Sands, AP says
The jury, which deliberated for about two days, is expected to announce its ruling soon, Associated Press added. Reference Link | | | 09:55 EDT |  | LVS | Las Vegas Sands shares can be boosted by capital returns, says BofA/Merrill
Subscribe for More Information | | | May 13, 2013 | | 09:39 EDT |  | LVS | Active equity option families trading
Active equity option families trading on open according to Track Data: AAPL C TSLA LVS GILD FSLR | | | May 10, 2013 | | 14:04 EDT | | LVS | New Jersey reports Atlantic City casino win $228.5M in April
Subscribe for More Information | | | 09:33 EDT | | LVS | Nevada reports March Las Vegas Strip gaming win up 13% to $507.6M
Subscribe for More Information | | | 09:32 EDT | | LVS | Nevada reports March statewide gaming win up 7% to $914.78M
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