Harrah's Entertainment Inc. Inadequate Buyout

October 11 2006

Private equity firms Texas Pacific Group and Apollo Management have offered to buy the world's largest casino operator for $81 a share. Shareholders have since filed a class action lawsuit claiming the price in inadequate. The lawsuit alleges the offer was timed to take advantage of a recent slump in the share price and claims Harrah's Chief Executive took careful steps not to make the negotiations appear like the typical management buyout.

Register a Similar Complaint

If you have suffered damages in a similar case, you may qualify for damages or remedies that may be awarded in a possible class action or lawsuit. Please fill in our form on the right to submit your complaint to a lawyer for a free evaluation.

Stay Informed

Get the latest on class action lawsuits, settlements & more! Subscribe to our free weekly newsletter.

Get our Newsletter!

Submit a New Complaint

Been wronged by a similar product or service?
Click here to send us your complaint.