WYNN.US
id: 1324
Wynn Resorts (WYNN) Investor Settlement
Late claims are being considered for compensation, subject to approval.
D. Nevada
Court2:18-cv-00479
Case number03/28/2016
Class period Start02/12/2018
Class period End02/03/2025
Claim deadlineWynn Resorts reached a settlement with $WYNN investors over claims that its CEO was repeatedly involved in sexual misconduct, which also led to increased regulatory scrutiny.
Case Status
Accepting Late Claims
Alleged Offence
Mismanagement,
Misleading Statements,
Omissions
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
1.92
Filing date
02/20/2018
Plaintiffs
John V. Ferris
Attorneys
Muehlbauer Law Office, Ltd. (Las Vegas, NV), Pomerantz LLP (New York, NY)
Defendants
Stephen A Wynn, Craig Scott Billings, Stephen Cootey, Matthew O. Maddox, Alvin V Shoemaker, Clark T. Randt, Jr., Daniel B. Wayson, J. Edward Virtue, Jay L. Johnson, John J Hagenbuch, Kimmarie Sinatra, Patricia Mulroy, Ray R. Irani,, Robert J. Miller
Judge
Hon. Cristina D. Silva
Administrator
JND Legal Administration
Settlement agreement date
2024-07-18
Exclusion deadline
03/07/2024
Objection deadline
02/03/2025
Attorney fee
$24,910,000
Trades matching type
FIFO
+$70,000,000
Cash Settlement AmountFrequently Asked Questions
When will you be able to apply for the payment?
Do I have to sell securities to be eligible?
How long does the payout process take?
What is 11thestate?