DENVER--(BUSINESS WIRE)--The Shuman Law Firm announces that it is investigating potential claims against certain officers and directors of Wynn Resorts, Ltd. (“Wynn Resorts” or the “Company”) (Nasdaq: WYNN). Wynn Resorts is a Las Vegas, NV-based company that develops, owns, and operates destination casino resorts.
On January 26, 2018, multiple news sources reported that Company CEO Steve Wynn was accused of a pattern of sexual misconduct by past and present employees. On this news shares of Wynn fell $20.31, or more than 10%, to close at $180.29 on January 26, 2018, and continued to fall nearly 10% in the next trading session to close at $163.48 per share on January 29, 2018. A company spokesman, who said he was also representing the Company’s Board of Directors, said an independent counsel “is being interviewed and will be selected soon” to conduct the investigation on behalf of the board.
If you currently own Wynn Resorts common stock and are interested in discussing your rights, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll free at (866) 569-4531 or email Mr. Shuman at kip@shumanlawfirm.com or Mr. Glenn at rusty@shumanlawfirm.com.
The Shuman Law Firm represents investors throughout the nation, concentrating its practice in stockholder litigation.