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  - 10/20 10:00:00 pm
144.44 USD   -0.75%
10/16 NASDAQ 100 MOVE : Jbht, wynn
10/11 NASDAQ 100 MOVE : Fast, pypl
10/08 WYNN RESORTS : News shows
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 [email protected] 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
10/16 NASDAQ 100 MOVERS : Jbht, wynn
10/11 NASDAQ 100 MOVERS : Fast, pypl
10/08 WYNN RESORTS : News shows
10/08 WYNN RESORTS : Sunday talk shows for Oct. 8
10/07 WYNN RESORTS : Guest lineups for the Sunday news shows
09/21 WYNN RESORTS, LIMITED (NASDAQ : WYNN) Files An 8-K Regulation FD Disclosure
09/21 WYNN RESORTS LTD : Regulation FD Disclosure, Financial Statements and Exhibits (..
09/21 WYNN RESORTS, LIMITED (NASDAQ : WYNN) Files An 8-K Entry into a Material Definit..
09/20 WYNN RESORTS LTD : Entry into a Material Definitive Agreement, Regulation FD Dis..
09/14 WYNN RESORTS, LIMITED (NASDAQ : WYNN) Files An 8-K Regulation FD Disclosure
More news
News from SeekingAlpha
10/22 A Better Approach To Portfolio Construction For Your Clients
10/20 Nomura handicaps Macau market share winners
10/19 Mandalay Bay Tragedy Temporarily Masks Higher Valuation For MGM
10/18 No gaming provisions in new Pennsylvania funding bill
10/16 It's Time To Wynn
Financials ($)
Sales 2017 6 074 M
EBIT 2017 1 048 M
Net income 2017 457 M
Debt 2017 6 486 M
Yield 2017 1,51%
P/E ratio 2017 32,20
P/E ratio 2018 23,59
EV / Sales 2017 3,51x
EV / Sales 2018 3,36x
Capitalization 14 815 M
Chart WYNN RESORTS, LIMITED
Duration : Period :
Wynn Resorts, Limited Technical Analysis Chart | WYNN | US9831341071 | 4-Traders
Technical analysis trends WYNN RESORTS, LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 149 $
Spread / Average Target 3,3%
EPS Revisions
Managers
NameTitle
Stephen Alan Wynn Chairman & Chief Executive Officer
Matthew O. Maddox President
Craig S. Billings CFO, Treasurer & Principal Accounting Officer
Robert Jos Miller Lead Independent Director
Daniel Boone Wayson Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
WYNN RESORTS, LIMITED68.22%14 815
LAS VEGAS SANDS CORP.17.38%49 608
MGM RESORTS INTERNATIONAL5.58%17 848
GENTING SINGAPORE PLC31.87%10 669
KANGWON LAND, INC.--.--%6 477
SJM HOLDINGS LIMITED12.79%4 975