A leading New York firm of lawyers has commenced an investigation into the sale of Nevada Gold and Casinos to Maverick Casinos, announced this week.
The investigation concerns whether the board of Nevada Gold breached their fiduciary duties to stockholders by failing to adequately seek alternative offers for the company before agreeing to enter into the transaction.
The investigation will also centre around whether Maverick Casinos is under-paying for Nevada Gold to the detriment of shareholders.
