Top Wynn Investor Pushes Board Nominees Amid Legal Spat
From Reuters
Former Wynn vice chairman could control five of 12 board seats
Wynn Resorts Inc's largest shareholder, who is suing company founder Steve Wynn for denying him access to crucial financial information, has nominated up to four people to the board of the U.S. casino company, which could further complicate their legal fight.
Kazuo Okada, the Japanese pachinko mogul who owns a 20 percent stake in Wynn's $15 billion casino company, has accused Wynn of blocking access to records related to his investment in the company and objected to an "inappropriate" $135 million company donation to the University of Macau. Click here for the full story.
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