Dean Heller

Wynn Resorts shaken by misconduct claims against founder

Wynn Resorts is denying multiple allegations of sexual harassment and assault by founder Steve Wynn detailed in a Wall Street Journal report that sent shares of the casino company tumbling more than 10 percent Friday.

The paper reported that a number of women say they were harassed or assaulted by the casino mogul and finance chair of the Republican National Committee.

One case led to a $7.5 million settlement with a manicurist, the paper reported. The detailed report relies on interviews with dozens of people who corroborate a decades-long pattern of sexual misconduct with female employees.

The company says it is committed to operating with the "highest...

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