BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Wynn Resorts, Limited (“Wynn Resorts” or the “Company”) (NASDAQ: WYNN) investors concerning the Company and its officers’ possible violations of federal securities laws.
On January 26, 2018, multiple news sources reported that 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, thereby injuring investors. And, on February 6, 2017, the Company announced that effective immediately Steve Wynn had resigned his positions as Chairman and CEO of Wynn.
If you purchased Wynn Resorts securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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