Shares of Wynn Resorts plunged more than 10% Friday after a Wall Street Journal story detailing numerous allegations against founder and CEO Steve Wynn.
Wynn denied the charges in the Journal story.
“The idea that I ever assaulted any woman is preposterous,” he said in a statement that the company sent to CNN. “We find ourselves in a world where people can make allegations, regardless of the truth, and a person is left with the choice of weathering insulting publicity or engaging in multi-year lawsuits. It is deplorable for anyone to find themselves in this....More>>>
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