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WYNN.US
id: 1324

Wynn Resorts (WYNN) Investor Settlement

Late claims are being considered for compensation, subject to approval.
D. Nevada
Court
2:18-cv-00479
Case number
03/28/2016
Class period Start
02/12/2018
Class period End
02/03/2025
Claim deadline
Wynn 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 Amount

Frequently Asked Questions

Wynn Resorts Limited

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wy...

    Ticker
    WYNN.US
    ISIN
    US9831341071
    CIK
    1174922
    Sector
    Consumer Cyclical
    Industry
    Resorts & Casinos
    Country
    USA
    Address
    3131 Las Vegas Boulevard South, Las Vegas, NV, United States, 89109