SYDNEY–Australian casino operator Crown Resorts Ltd was slapped with a class action lawsuit on Monday for allegedly failing to inform shareholders of a marketing campaign in China that resulted in staff arrests and a slump in the share price.
The company, part-owned by billionaire businessman James Packer, said it would defend itself against the allegations contained in the suit, filed on behalf of shareholders who invested between Feb. 6, 2015 and Oct. 16, 2016.
