The state of Oregon has sued Nevada gambling mogul Steve Wynn and the board of directors of Wynn Resorts Ltd. for allegedly failing to act in the best interests of shareholders and stop sexual misconduct at the company, state officials said Wednesday.
Steve Wynn Investigation
It’s been a month since Steve Wynn stepped down as chairman and CEO of Wynn Resorts Ltd., and investigations continue in Nevada, Massachusetts and Macau.
A Nevada court dismissed Steve Wynn’s motion Friday to terminate an eight-year-old shareholder agreement with his ex-wife Elaine that would have allowed both of them to sell their shares in Wynn Resorts.
Another massage therapist lodged a civil complaint against Steve Wynn and his former company’s board on Thursday, just one day after another massuese made similar allegations of sexual harassment.
A former massage therapist filed a civil lawsuit Wednesday against disgraced and departed casino mogul Steve Wynn, alleging that he frequently used “his immense power to coerce (her) to perform sexual favors.”
A Chicago woman told Las Vegas police she had Steve Wynn’s child in a gas station bathroom after he allegedly raped her several times in the 1970s, records show.
The official in charge of New York’s $209 billion public pension fund has sued Wynn Resorts in the wake of sexual misconduct allegations against former company CEO Steve Wynn .
It never occurred to Wynn Resorts CEO Matt Maddox that what he thought was a prank telephone call in 2002 would ultimately lead to a possible appearances before regulators to answer questions about his boss and mentor, Steve Wynn.
Newly appointed Wynn Resorts CEO Matt Maddox told hundreds of Wynn Las Vegas employees Monday the company will continue efforts to build its Paradise Park and Wynn West projects on the Strip as well as complete Wynn Boston Harbor in Massachusetts and build more hotel rooms in Macau.
Another group of Wynn stockholders are seeking legal retribution following the wave of sexual misconduct allegations against the company’s former chairman and CEO.
Steve Wynn’s separation agreement with Wynn Resorts includes no “golden parachute” for the 76-year-old former chairman and CEO, includes a two-year non-compete clause and effectively kicks him off the property by June 1.
In the swelling wake of sexual harassment allegations against former chairman and CEO Steve Wynn, a second group of shareholders filed a lawsuit Thursday against the resort company and its board of directors.
Lawyers for Elaine Wynn on Tuesday told a judge that claims that she sought to destroy her ex-husband’s business are “outrageous” and “false.”
Nevada Attorney General’s office says it’s too soon to say what action may lie ahead regarding Wynn Resorts Ltd.
The board of Wynn Resorts Ltd. is weighing its options in figuring out its next step, experts say.