Kirby McInerney LLP Commences Investigation on Behalf of Wynn Resorts, Ltd. Investors
January 30 2018 - 5:28PM
Business Wire
Kirby McInerney LLP announces an investigation on behalf of Wynn
Resorts, Ltd. (“Wynn” or “the Company”) (NASDAQ: WYNN) investors
concerning possible violations of federal securities laws by the
Company and its officers.
On January 26, 2018, The Wall Street Journal published a report
stating that “dozens” of people interviewed by the Journal,
including former employees of the Company, described behavior by
CEO Steve Wynn that “cumulatively would amount to a decades-long
pattern of sexual misconduct.” Additionally, the report states that
Wynn had made a personal payment of $7.5 million dollars to a
manicurist he allegedly sexually assaulted in 2005.
On this news, the Company’s share price fell from $200.60 to
$180.29 (a decline of $20.31) on January 26, 2018. The price
continued to fall to $163.48 (a decline of $16.81) on the following
trading day.
If you purchased or otherwise acquired shares of WYNN since
December 1, 2017, and would like more information pertaining to the
investigation or if you have relevant information, you may contact
Thomas W. Elrod, Esq. of Kirby McInerney LLP at (212) 371-6600, or
by email at telrod@kmllp.com, or by
filling out this contact form to discuss your rights without any
cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, whistleblower, and consumer
litigation. The firm’s efforts on behalf of shareholders in
securities litigation have resulted in recoveries totaling billions
of dollars. Additional information about the firm can be found at
Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20180130006449/en/
Kirby McInerney LLPThomas W. Elrod, Esq.,
212-371-6600www.kmllp.comtelrod@kmllp.com
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