Wynn Resorts Escapes Investor Suit Over Macau Bribe

By Melissa Daniels (July 18, 2016, 7:51 PM EDT) -- A Ninth Circuit panel tossed out a shareholder suit against Wynn Resorts Ltd. and Las Vegas mogul Steve Wynn in a published opinion on Monday, saying the shareholders couldn't prove with enough specificity why they didn't first go to the company's board over concerns that a $135 million donation to a Chinese university was a bribe to build a $2.5 billion resort on the island of Macau....

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