Las Vegas Sands wins reversal of $70M damages award

|About: Las Vegas Sands Corp. (LVS)|By:, SA News Editor

Las Vegas Sands (LVS -1.7%) won a legal battle in Nevada when a state Supreme Court judge threw out a $70M damages award against the company given to Richard Suen.

Suen's case dates back to 2004 when the Hong Kong businessman sued Las Vegas Sands over his role in helping to establish ties in Macau.

A new trial on damages is the next phase of the battle.

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