Investigation Overview
January 12, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Century Casinos, Inc. (NASDAQ:CNTY) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Century Casinos.
The investigation by a law firm concerns whether certain Century Casinos officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Century Casinos, Inc. reported that its annual Total Revenue rose from $60.69 million in 2010 to $104.59 million in 2013 and that its respective Net Income increased from $1.02 million to $6.18 million. Shares of Century Casinos, Inc. (NASDAQ:CNTY) grew from $2.00 per share in September 2010 to as high as $8.05 per share in March 2014.