Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Wynn Resorts, Limited    WYNN

Delayed Quote. Delayed  - 03/24 09:00:00 pm
111.92 USD   -0.36%
03/20 S&P 500 MOVERS : Rig, wynn
03/11 SJC : Mohegan can ask for review of decision
03/11 RED ROCK RESORT : Announces Appointment of Stephen L. Cootey as Exec..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Wynn Resorts, Limited : The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Securities Laws Violations by Wynn Resorts Ltd.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/23/2012 | 06:20pm CEST

Levi & Korsinsky is investigating potential claims on behalf of purchasers of Wynn Resorts Ltd. ("Wynn Resorts" or the "Company") (Nasdaq: WYNN) securities concerning possible violations of federal securities laws. The investigation stems from allegations that certain of the Company's officers and directors violated the Foreign Corrupt Practices Act by providing improper monetary benefits to government officials in Macau.

For more information, click here: http://www.zlk.com/wynn-resorts-wynn.

In May 2011, Wynn Macau--a majority-owned subsidiary of Wynn Resorts--made a $135 million donation to the University of Macau Development Foundation ("the Foundation"). On January 11, 2012, a lawsuit was filed in the District Court of Clark County on behalf of Kazuo Okada, a former Wynn Resorts board member and its largest shareholder; the suit alleges that the donation was improper because: (a) the Foundation is connected to government officials who regulate gambling in Macau; (b) the Foundation sits on government-owned land; and (c), the final installment of the payment is due in 10 years--when Wynn Resorts' Macau gaming license is set to expire. Wynn Resorts is now under investigation by the Securities and Exchange Commission.

If you own Wynn Resorts stock and wish to obtain additional information about the investigation and your legal rights, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com.

Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WYNN RESORTS, LIMITED
03/20 S&P 500 MOVERS : Rig, wynn
03/11 SJC : Mohegan can ask for review of decision
03/11 RED ROCK RESORTS : Announces Appointment of Stephen L. Cootey as Executive Vice ..
03/03 WYNN RESORTS : Massachusetts casinos are dealt new hands
03/01 WYNN RESORTS LTD : Change in Directors or Principal Officers (form 8-K)
02/24 WYNN RESORTS : Management's Discussion and Analysis of Financial Condition and R..
02/23DJCasino Companies Seek a Foothold in Georgia, a Gambling Holdout -- Update
02/23 WYNN RESORTS LTD : Change in Directors or Principal Officers, Financial Statemen..
02/23 WYNN RESORTS : Announces Craig S. Billings as Chief Financial Officer
02/23DJCasino Companies Seek Foothold in Georgia, the U.S.'s Last Big Untapped Gambl..
More news
Sector news : Casinos
03/10 William Hill names interim chief Philip Bowcock CEO
03/07 European shares slip as Trump tweet hits drugmakers
03/04DJLAS VEGAS SANDS : Macau Casino's Mystery Gambler -- WSJ
03/03DJLAS VEGAS SANDS : The Hunt for the Mysterious Big Winner at Las Vegas Mogul's Ne..
02/28DJGALAXY ENTERTAINMENT : 2016 Net Profit Up 51% to HK$6.28 Billion
More sector news : Casinos
News from SeekingAlpha
03/24 NEW MACAU PAC ON FERRY TERMINAL GOES : Expect Speeded Up Pace Of Mass GGR Recove..
03/21 Wynn Resorts upgraded to Buy at Aegis as Macau trends improve
03/20 WYNN : Unfounded Twitter Chatter Spikes The Stock But Hides The Case For A Conti..
03/18 New Vegas casino stirs the pot
03/16 Wynn +3% on takeover chatter
Advertisement
Financials ($)
Sales 2017 5 506 M
EBIT 2017 934 M
Net income 2017 381 M
Debt 2017 7 516 M
Yield 2017 1,90%
P/E ratio 2017 28,43
P/E ratio 2018 23,29
EV / Sales 2017 3,44x
EV / Sales 2018 3,34x
Capitalization 11 407 M
More Financials
Chart WYNN RESORTS, LIMITED
Duration : Period :
Wynn Resorts, Limited Technical Analysis Chart | WYNN | US9831341071 | 4-Traders
Full-screen chart
Technical analysis trends WYNN RESORTS, LIM...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 108 $
Spread / Average Target -3,3%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Stephen Alan Wynn Chairman & Chief Executive Officer
Matthew O. Maddox President
Craig S. Billings Treasurer, Chief Financial & Accounting Officer
Robert Jos Miller Lead Independent Director
Daniel Boone Wayson Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
WYNN RESORTS, LIMITED29.37%11 407
LAS VEGAS SANDS CORP.4.14%44 162
MGM RESORTS INTERNATIO..-10.82%14 763
GENTING SINGAPORE PLC8.24%8 519
KANGWON LAND, INC.--.--%7 121
SJM HOLDINGS LIMITED3.11%4 583
More Results