Las Vegas Sands Corp (NYSE:LVS) have been hit with a fresh lawsuit by a shareholder disgruntled by the companies alleged deceptions. Shareholder Frank Fosbre Jr. has filed a complaint on Monday with the U.S District Court in Las Vegas claiming violations of federal securities laws in a bid to gain class action status.The complaint names LVS Chairman and CEO Sheldon Adelson and ex board member, President and COO William Weidner as defendants, accusing them of making false statements to inflate the price of LVS stock in 2007/2008 which in turn saw the saw a rise to $144 before slumping to below $2 a share. Full Story
