International Game Technology PLC To Report Fourth Quarter And Full Year 2016 Results On Thursday,

The brokerage stated its recent channel checks showed numerous operators, together with Harrah’s Entertainment Inc, trimming participation video games due to the smooth operating conditions out there.

We now handle whether the district court accurately granted IGT summary judgment on the Van Asdales’ Sarbanes-Oxley claim. We observe on the outset that there are no published instances on this circuit setting forth the substantive elements of a Sarbanes-Oxley claim. The text of the statute and rules promulgated by the Department of Labor, however, set forth the overall framework governing such actions.

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Shawn spoke with Brown, IGT’s General Counsel at the time. He informed her of his view that litigation in opposition to Bally couldn’t go ahead. Surprised by this news, Brown known as IGT’s merger counsel to see if the Australian Flyer had been included in the due diligence information supplied to IGT prior to the merger. In a comply with-up assembly, Shawn expressed concern that the Australian Flyer had not been disclosed to IGT previous to the merger; Brown told him that the matter warranted investigation and promised to look into it. Around the identical time, Shawn additionally brought the issue to the attention of Rich Pennington, IGT’s Vice President of Product Development.

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