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Eldorado Resorts Inc (NASDAQ:ERI) Investor Investigation Announced

  • If you purchased shares of Eldorado Resorts Inc (NASDAQ:ERI), 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
Eldorado Resorts Inc
Security
NASDAQ: ERI

Summary

October 31, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Eldorado Resorts Inc (NASDAQ:ERI) was announced over potential breaches of fiduciary duties by certain officers and directors at Eldorado Resorts.

The investigation by a law firm concerns whether certain Eldorado Resorts Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.

Eldorado Resorts Inc reported that its annual Total Revenue increased from $361.82 million in 2014 to $719.78 million in 2015 and that its Net Loss of $14.43 million in 2014 turned into a Net Income to $114.18 million in 2015.

Shares of Eldorado Resorts Inc (NASDAQ:ERI) rose from under $ per share in early 2015 to as high as $15.32 per share in July 2016.

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