Shareholders Foundation, Inc.

Investigation for Investors in Shares of Eldorado Resorts Inc (NASDAQ:ERI) over Potential Wrongdoing Announced

An investigation on behalf of investors in Eldorado Resorts Inc (NASDAQ:ERI) shares over potential wrongdoing at Eldorado Resorts Inc was announced and NASDAQ:ERI stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 10/20/2016 -- An investigation on behalf of investors in shares of Eldorado Resorts Inc (NASDAQ:ERI) was announced concerning possible breaches of fiduciary duties by certain directors at Eldorado Resorts.

Investors who purchased shares of Eldorado Resorts Inc (NASDAQ:ERI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

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.

On October 19, 2016, NASDAQ:ERI shares closed at $12.80 per share.

Those who purchased shares of Eldorado Resorts Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com