Investor Files Sexual Misconduct-Related D&O Claim Against Wynn Resorts Board

Amidst the fallout following the latest high-profile set of revelations of sexual misconduct at the highest levels of business, the media, and politics, Steve Wynn has resigned his position as Chairman and CEO of Wynn Resorts. However, as we have seen with in other instances of this type of high profile sexual misconduct, the accountability process at Wynn Resorts will not be limited to attempting to hold Wynn himself to account, but may include other senior company officials as well. According to a lawsuit filed today in Nevada state court,  officials at Wynn’s company allegedly knew for years of his sexual misconduct and failed to investigate.   Background The story about Wynn’s misconduct was first disclosed in a blockbuster January 27, 2018 Wall Street Journal article entitled “Dozens of People Recount Pattern of Sexual Misconduct by Las Vegas Mogul Steve Wynn” (here). Among other alleged incidents reported in the article was Wynn’s…

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