Casino mogul Steve Wynn agreed to pay $20 million toward a settlement of shareholder lawsuits that claimed Wynn Resorts Ltd.’s board had been complicit in his alleged sexual misconduct. The former chief executive officer stepped down from the company in February 2018 and sold his shares after he was accused by multiple employees of forcing… Continue reading Steve Wynn Pays $20 Million Toward Settlement of Shareholder Suits Against Company
Tag: Wynn Resorts
Wynn Leaders Helped Hide Sexual Misconduct Allegations Against Company’s Founder, Report Says
Executives at the casino operator Wynn Resorts helped hide sexual misconduct allegations against the company’s billionaire founder, Steve Wynn, the Massachusetts gambling regulator said Tuesday. The finding was included in a report released by the regulator, the Massachusetts Gaming Commission, as it began a three-day hearing on whether to allow Wynn Resorts to start operating… Continue reading Wynn Leaders Helped Hide Sexual Misconduct Allegations Against Company’s Founder, Report Says