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Attorneys Predict Wave Of #MeToo Investor Suits

Law360 (February 14, 2018, 7:01 PM EST) -- The #MeToo reckoning unleashed last fall that has toppled an array of powerful American businessmen could trigger a wave of investor actions similar to a shareholder claim filed last week against Wynn Resorts for allegedly ignoring years of sexual misconduct complaints against its founder and CEO Steve Wynn, legal experts say.

If momentum continues in the direction it’s been headed since top Hollywood producer Harvey Weinstein was felled by accusations of using his powerful position to abuse women, attorneys say the Wynn Resorts Ltd. derivative suit...
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