High Stakes And Higher Scandals: Inside Wynn Resorts' Legal And …

From 2012 to 2016, Wynn Resorts highlighted Stephen Wynn as key to the brand’s success, citing his industry experience and role in creating iconic casinos. In January 2018, the Wall …

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Casino Mogul Steve Wynn To Pay $10M, Cut Gambling Ties After …

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Jul 28, 2023 · LAS VEGAS — Casino mogul Steve Wynn has ended a yearslong legal fight with Nevada gambling regulators that started with claims of workplace sexual misconduct, agreeing …

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Wynn Resorts Is Fined A Record $20 Million Over Sexual Misconduct ...

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Feb 26, 2019 · Nevada gambling regulators fined casino mogul Steve Wynn's former company a record $20 million Tuesday for failing to investigate claims of sexual misconduct made against …

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FAQs about High Stakes And Higher Scandals: Inside Wynn Resorts' Legal And … Coupon?

Does Wynn Resorts have a class-action lawsuit?

A federal judge on Wednesday, Aug. 4, 2021, in Nevada has revived elements of a securities fraud lawsuit seeking class-action status for allegations that executives at Wynn Resorts Ltd. knew about, but disregarded, reports of sexual harassment and misconduct against company founder Steve Wynn. (AP Photo/Charles Krupa, File) ...

Why did Wynn Resorts settle a shareholder lawsuit?

Wynn Resorts agreed in November 2019 to accept $20 million in damages from Wynn and an additional $21 million from insurance carriers to settle shareholder lawsuits. The lawsuits accused company directors of failing to disclose misconduct allegations. The agreements included no admission of wrongdoing. ...

Did Wynn executives know about sexual harassment and misconduct?

(AP Photo/Charles Krupa, File) LAS VEGAS (AP) — A federal judge in Nevada has revived elements of a securities fraud lawsuit seeking class-action status for allegations that executives at Wynn Resorts Ltd. knew about, but disregarded, reports of sexual harassment and misconduct against company founder Steve Wynn. ...

Did Wynn fail to disclose sexual misconduct allegations?

Then-Commissioner Philip Pro, a former federal judge, said investigators found “a failure of a corporate culture to effectively govern itself as it should.” In April 2019, the Massachusetts Gaming Commission fined Wynn Resorts $35 million for executives’ failure to disclose years of allegations of sexual misconduct against Steve Wynn. ...

Did Steve Wynn settle a class-action lawsuit?

End of class-action lawsuit involving Steve Wynn Wynn Resorts also announced Friday that a class-action lawsuit filed by hundreds of shareholders in February 2018 was settled Aug. 22. ...

Does Wynn own a casino?

Wynn Resorts owns and operates casinos in Las Vegas, Massachusetts and the Chinese gambling enclave of Macau. Its statement said similar allegations were investigated in 2018 and 2019 by Massachusetts and Nevada gambling regulators and both “affirmed the company’s and its current executives’ licensure and good standing.” ...