Sheldon Adelson Sues Wall Street Journal Reporter
by News Editor
Wall Street Journal – Casino magnate Sheldon Adelson sued a Wall Street Journal reporter for libel, seeking damages for a December article in which he was described as “foul-mouthed,” according to the complaint filed in Hong Kong.
The article details the fight playing out in U.S. courts between Mr. Adelson, the chairman and CEO of the Las Vegas Sands Corp., LVS -0.63% and Steve Jacobs, the former CEO of the Las Vegas Sands Corp.’s Macau operations, who filed a wrongful termination lawsuit in 2010. The company has denied the allegations made in the wrongful-termination suit. The article ran under the headline “Fired Executive Rankles Casino Industry” in the U.S. edition of the newspaper, but also appeared in overseas editions and on WSJ.com.