Wynn Resorts board opens inquiry into sexual misconduct accusations against chairman

Wynn Resorts board opens inquiry into sexual misconduct accusations against chairman

Mike Blake

The announcement came hours after the Journal detailed accounts it said were obtained from dozens of past and present employees who accused the billionaire casino mogul of creating a hostile work environment for women. The company's stock fell more than 10.1 percent in heavy trading to close at $180.29 on the Nasdaq exchange following Friday's article.

(Reporting and writing by Steve Gorman in Los Angeles; Editing by Nick Macfie)

TOP READS FROM THE FISCAL TIMES