"Lawsuit" Tag Results

US Justice Department Sues Las Vegas Casino Mogul Steve Wynn

Steve Wynn, one of the country’s most powerful casino moguls, has been charged by the Justice Department. The lawsuit wants him to register as a foreign agent for lobbying work he allegedly did on behalf of China during Trump’s presidency. According to the lawsuit, in 2017, Wynn allegedly pressed then-President Donald Trump and others in […]

By Samantha Browne

DraftKings Shareholders and Executives Set to Face Charges on Wrongdoings

DraftKings has another legal hurdle to overcome. This is after one shareholder filed a lawsuit against several senior executives and other shareholders within the company. Jiahan Yu is the complainant after filing the suit in the US District Court for the Southern District of New York. The main bone of contention is the process of […]

By Samantha Browne

Federal Judge Revives Investor Claims against Wynn Resorts

A federal judge in Nevada is reviving the class-action lawsuit against Wynn Resorts Ltd. According to the lawsuit, executives at the company were aware of former CEO and founder Steve Wynn’s behavior but chose to ignore or act on reports of sexual harassment and misconduct originating from the alleged victims of the retired casino mogul. […]

By Kevin Parker

Caesars Entertainment faces Lawsuit over 401(K) Plan

Caesars Entertainment will have to justify how it manages its $1.6 billion Corporation Savings & Retirement Plan after participants have lodged legal action against the entertainment giant for allegedly breaching fiduciary responsibilities and costing the plan over $100 million. The plaintiffs have named Russel Investment Management, Caesars’ investment consultant in the case, and will seek […]

By Samantha Browne

Google and Apple Hit with Class Action for Gambling Apps

Tech giants Google and Apple face class-action lawsuits in several states for allegedly promoting illegal gambling by distributing gaming apps which are casino-style gambling apps. The apps allow users to make in-app purchases of app currency to be able to continue to play. In Alabama, separate cases filed October 21 in federal court claim the […]