Pomerantz Defeats Motion to Dismiss in Wynn Resorts Sexual Misconduct Securities Litigation
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NEW YORK, Aug. 3, 2021 /PRNewswire/ On July 28, 2021, U.S. District Judge Andrew P. Gordon of the District of Nevada denied, in part, Wynn Resorts Limited s ( Wynn Resorts or the Company ) motions to dismiss the Second Amended Complaint in a securities fraud class action suit arising from the Company s concealment of a long-running pattern of alleged sexual misconduct by CEO and founder Stephen ( Steve ) Wynn against female employees of the company.
The misconduct was first revealed in January 2018 with the publication of a
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