$WYNN: Stock Hits 52-Week High — As $70M Investor Settlement Remains in Play

Court: D. Nevada

Case: 2:18-cv-00479

Wynn Resorts (NASDAQ:WYNN surged to a new 52-week high, trading as high as $108.03 after recent analyst upgrades and strong institutional interest. Despite missing earnings expectations last quarter, the stock has rallied nearly 20% in the past 60 days, supported by bullish coverage from UBS, Goldman Sachs, and Mizuho.

At the same time, Wynn Resorts agreed to settle a long-standing lawsuit from investors:

In 2018, the Wall Street Journal reported decades of sexual misconduct by founder Steve Wynn. The company allegedly failed to disclose internal complaints and risks related to executive behavior.

Wynn Resorts will pay $70 million to resolve investor claims linked to those failures.

• First report published: January 26, 2018
• WYNN fell 18% after the news
• CEO Steve Wynn resigned in early February
• Lawsuit filed April 9, 2018
• Settlement reached in September 2024

If you held WYNN during that time, this might be a good moment to check your eligibility.

You can review the case and file a claim HERE.