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Tuesday, February 21, 2012 - 2:23pm
Wynn Jumps 7% As Co-Founder Okada Forced Out
Shares of Wynn Resorts (NASDAQ: WYNN) have surged more than 7% on Tuesday after the casino company announced that its board had declared co-founder Kazuo Okada unsuitable and forced him out. According to the company, an internal investigation conducted by former FBI Director Louis Freeh discovered...
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Thursday, January 12, 2012 - 2:55pm
How Wynn's Vice Chairman Could Tank the Company
Wynn Resorts (NASDAQ: WYNN) is down nearly 4% on news that Kazuo Okada, the casino group's vice chairman, intends to sue the firm for access to financial records. Okada filed the complaint, which would force the company to publicize its spending records. Okada is also chairman of Universal...
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