Wynn Resorts Settles Over Sex Allegations

(Reno, Nevada) - Wynn Resorts agreed to accept $41 million from Steve Wynn and insurance carriers as part of a settlement from shareholder lawsuits accusing company directors of failing to disclose the casino mogul's alleged pattern of sexual misconduct. The deal is subject to approval of a judge. Wynn would pay $20 million while another $21 million will come from insurance on behalf of current and former employees. Posted 11/28/19

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