Eldorado Resorts, Inc.
Company Name | Eldorado Resorts, Inc. |
Stock Symbol | ERI |
Class Period | March 01, 2019 to September 02, 2019 |
Lead Plaintiff Motion Deadline | November 22, 2019 |
On September 3, 2019, Eldorado revealed that CEO Tom Reeg, president and chief operating officer Anthony Carano, executive chairman Gary Carano, and director James Hawkins had received subpoenas in May pertaining to an ongoing investigation of the executives trading in an undisclosed company tied to James Hawkins.
On this news, Eldorado’s share price fell $3.09, or over 8%, to close at $35.42 on September 3, 2019, thereby injuring investors.
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