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Caesars Acquisition Company (NASDAQ:CACQ) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of Caesars Acquisition Company (NASDAQ:CACQ) and currently hold any of those NASDAQ:CACQ shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Caesars Acquisition Company
Security
NASDAQ: CACQ

Summary

October 10, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Caesars Acquisition Company (NASDAQ:CACQ) was announced over potential breaches of fiduciary duties by certain officers and directors at Caesars Acquisition.

The investigation by a law firm concerns whether certain Caesars Acquisition Company directors breached their fiduciary duties and caused damage to the company and its shareholders.

Las Vegas, NV based Caesars Acquisition Company was formed to make an equity investment in Caesars Growth Partners, LLC (CGP LLC), a joint venture between CAC and Caesars Entertainment Corporation. Shares of Caesars Acquisition Company (NASDAQ:CACQ) declined from as high as $16.38 per share in March 2014 to as low as $5.00 per share in January 2016.

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