Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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1979
Insider-trading matter connected to the Aladdin proposal
National Kinney’s proposed joint-venture acquisition of the Aladdin hotel and casino with Johnny Carson became associated with trading in National Kinney stock after information about the negotiations circulated. The SEC pursued insider-trading charges against third parties and obtained disgorgement of profits. The cited material does not identify the charged individuals or establish wrongdoing by National Kinney itself.