September 18, 2024
Wynn Resorts, its former CEO Stephen Wynn and others have reached a $70 million settlement in Nevada federal court to end an investor class action accusing the hotel and casino giant of deceiving shareholders by covering up allegations of Wynn's sexual misconduct, according to a Tuesday filing.
March 02, 2023
A Nevada federal judge granted certification Wednesday to a class of investors who claim the Wynn Resorts Ltd. hotel chain and its current and former top brass hid ex-CEO Steve Wynn's sexual misconduct and caused the company's stock price to drop.
October 28, 2022
A Nevada federal magistrate judge who as an attorney represented Wynn Resorts Ltd. in a 2018 sexual assault suit has recused herself from a class action filed by the company's stockholders, but not without saying there are "legitimate questions" about the timing of the investors' motion to remove her.
July 27, 2022
Pushing back against a recusal bid, Wynn Resorts Ltd. has argued a federal magistrate's prior representation of the company in a separate sexual assault suit is "at best tenuously related" to an investor class action claiming the hotel chain and its current and former top brass hid ex-CEO Steve Wynn's sexual misconduct and caused a share price decline.
July 19, 2022
A proposed class of Wynn Resorts shareholders asked a Nevada federal judge on Monday for class certification in their suit alleging the hotel chain and its current and former top brass covered up ex-CEO Steve Wynn's sexual misconduct and caused a stock drop.
July 30, 2021
A Nevada federal judge has cut down an amended proposed class action against Wynn Resorts and its current and former top brass for allegedly covering up former CEO Steve Wynn's sexual misconduct and causing a stock drop, finding that two of seven sets of purportedly misleading statements can go forward.
May 28, 2020
Wynn Resorts and several of its current and former executives dodged a proposed class action accusing the hotel and casino giant of covering up its former CEO Steve Wynn's sexual misconduct after a Nevada federal judge found on Wednesday that the company did not deceive its shareholders.