Please complete this form and list your purchase and sale transaction(s) Wynn Resorts Limited (Nasdaq: WYNN) securities between February 28, 2014 and February 12, 2018, both dates inclusive (the “Class Period”).
You may also contact James Maro, Esq. at (484) 270-1453; or you may submit your information via email at firstname.lastname@example.org, or you may click here to print a PDF of this form.
On February 20, 2018, the initial complaint in this securities class action was filed against Wynn Resorts Limited ( “Wynn Resorts” or the “Company”) and certain of Wynn Resorts’ directors and officers, asserting violations of Sections 10(b) and 20(a) of the Securities Exchange Act. This is a federal securities class action brought on behalf of all persons who purchased or otherwise acquired Wynn Resorts securities between February 28, 2014 through February12, 2018, (“Class Period”) both dates inclusive.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and. prospects. Specifically, the complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s founder and Chief Executive Officer, Stephen A. Wynn had engaged in a pattern of sexual misconduct with respect to Wynn Resorts’ employees, including instances of sexual assault; (2) discovery of the foregoing misconduct would subject the Company to heightened regulatory scrutiny and jeopardize Wynn’s tenure at the Company; and (3) as a result of the foregoing, Wynn Resorts’ shares traded at artificially inflated prices during the Class Period, and class members suffered significant losses and damages.
Current Status of Case:
On March 1, 2019, Lead Plaintiffs filed an Amended Complaint (the “Complaint”). On April 15, 2019, Defendants filed a Motion to Dismiss the Complaint. On July 28, 2021, the Court granted in part and denied in part the Motion to Dismiss. On August 31, 2021, Defendants filed an answer to the Complaint. This matter is in the discovery phase and is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; or via e-mail at email@example.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.