THE FALL OF STEVE WYNN - News Summed Up

THE FALL OF STEVE WYNN


The Wall Street Journal’s reporting on casino mogul Steve Wynn marked a first for the #MeToo era: the CEO of a major public company forced out by allegations of sexual misconduct. Photo: Bridget Bennett for The Wall Street JournalSold Off Wynn Resorts share price 4 5 3 6 2 1 $200 190 180 170 160 M A M F J J Jan. 26 The Wall Street Journal publishes article detailing allegations of sexual misconduct by Steve Wynn toward employees. 1 Feb. 6 Steve Wynn resigns as chairman and chief executive of Wynn Resorts Ltd. 2 Feb. 16 Steve Wynn loses potentially hundreds of millions of dollars in severance under separation agreement with Wynn Resorts. 3 March 21 - 22 Steve Wynn sells his 12% stake in Wynn Resorts for $2.1 billion. 6As a 23-year-old spa attendant, Ms. Saxton says she was sexually assaulted by Steve Wynn at one of his Las Vegas properties.


Source: Wall Street Journal December 20, 2018 23:48 UTC



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