According to an article in the publication called The Hill, President Trump’s appointee to the SEC suggested that the SEC may consider removing a ban that has been in place for years that has prohibited securities issuers from putting class action bans in their disclosures relating to IPO’s.

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A shareholder lawsuit has been brought against Steve Wynn and the board of directors for Wynn Resorts Ltd., the State of Oregon, by and through the Oregon State Treasurer and the Oregon Public Employee Retirement Board, on behalf of the Oregon Public Employee Retirement Fund, announced today.

Continue reading “State of Oregon, Oregon State Treasurer, and Oregon Pension Fund Sues the Board of Wynn Resorts for Breach of Fiduciary Duty with Stoll Berne and Eglet Prince”