Wynn Resorts Shareholders to Split $70 Million Settlement
New York-based law firm Pomerantz LLP has filed a motion for preliminary approval on a $70 million settlement against Wynn Resorts Ltd. Hundreds of shareholders will split the class action settlement stemming from allegations that the company didn’t disclose the sexual misconduct of former CEO Steve Wynn. Shareholders of Wynn Resorts Ltd. allege their stock shares plummeted as a result of the 2018 sexual misconduct allegations and the failure of Wynn executives to announce any