Harassment Allegations Punch Wind Out of Wynn Resorts
Posted in: UncategorizedWynn Resorts Ltd. faced calls to oust or investigate Chairman and founder Steve Wynn over allegations he sexually harassed numerous women who work for him.
Wynn investor Richard “Trip” Miller, managing partner of Gullane Capital Partners, recommended an outside investigation, similar to six years ago when Wynn Resorts hired former FBI chief Louis Freeh to probe claims that company co-founder Kazuo Okada had bribed foreign casino officials. As result of that report, Wynn Resorts unilaterally bought out Okada’s shares.
“These are darn serious allegations,” said Miller, whose company is based in Memphis, Tennessee. “We would welcome someone like that coming back and doing a full investigation.”
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