Business
Crown Resorts’ (ASX:CWN) woes continue on latest lawsuit
The problems for casino operator Crown Resorts Ltd (ASX: CWN) continue to mount. This comes after it was reported that a class action lawsuit has been launched by a group of Crown shareholders who are alleging “misleading and deceptive” conduct by the company.
At the time of writing, the Crown share price has edged just over 1% higher to $9.82 despite the news report.
More about the lawsuit
The class action lawsuit has been launched by law firm Maurice Blackburn on behalf of a group of Crown investors.
The law firm is pushing for compensation for shareholders who lost money as the Crown share price fell in the wake of a series of revelations.
The Crown share price has fallen by over 18% this year with $500 million of market…
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