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Fri Jan 26, 2018, 01:41 PM

Wynn shares tumble 6% after reports of 'decades-long pattern of sexual misconduct' by CEO Steve Wynn [View all]

Source: CNBC

Wynn Resorts stock dropped 6 percent in trading Friday after The Wall Street Journal reported allegations of sexual misconduct by billionaire CEO Steve Wynn over many years.

Dozens of people who worked at Wynn's casinos say his behavior created a pattern of sexual misconduct, according to the report, with some describing employees being pressured into performing sex acts with Wynn.

Wynn would regularly have manicures, makeup applications and massages performed at his office at the Wynn resort in Las Vegas, according to the WSJ. Former employees of Wynn say they would schedule fake appointments for female workers to avoid requests for those services, the report says.

Read more: https://www.cnbc.com/2018/01/26/wynn-stock-drops-7-percent-after-alleged-sexual-misconduct-by-steve-wynn-report.html

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Reply Wynn shares tumble 6% after reports of 'decades-long pattern of sexual misconduct' by CEO Steve Wynn [View all]
brooklynite Jan 2018 OP
titaniumsalute Jan 2018 #1
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Blue_Adept Jan 2018 #7
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erronis Jan 2018 #19
Wellstone ruled Jan 2018 #3
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