HG Vora Files Lawsuit Against Penn Entertainment Over Board Election Changes
HG Vora Capital Management, a New York-based investment firm, has filed a lawsuit in the U.S. District Court for the Eastern District of Pennsylvania against Penn Entertainment, Inc. The complaint accuses the company of breaching Pennsylvania’s Business Corporation Law and violating federal securities laws by reducing the number of board seats available for election in its upcoming 2025 Annual Meeting. […]
HG Vora Capital Management, a New York-based investment firm, has filed a lawsuit in the U.S. District Court for the Eastern District of Pennsylvania against Penn Entertainment, Inc. The complaint accuses the company of breaching Pennsylvania’s Business Corporation Law and violating federal securities laws by reducing the number of board seats available for election in its upcoming 2025 Annual Meeting. […]
