1. Wynn Resorts Board Weighing its Options, Experts Say

    Wynn Resorts Board Weighing its Options, Experts Say

    The board of Wynn Resorts Ltd. is weighing its options in figuring out its next step, experts say. “Purely from a future liability standpoint, in terms of possible future class action lawsuits, it would make sense for the board to figure out the breadth and depth of sexual harassment,” said Carliss Chatman, assistant professor of law at Northern Illinois University. “Is it enough to get rid of Wynn or is the issue cultural and systemic?” Steve Wynn ...

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    1. Purely from a future liability standpoint, in terms of possible future class action lawsuits, it would make sense for the board to figure out the breadth and depth of sexual harassment.
    2. How liable is the board going to be?
    3. That being said, a corporate board can never know everything, and so courts are very hesitant to hold boards responsible.
    4. Board inaction is one of the most difficult cases to plead.
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