Why Steve Wynn's 2005 Settlement With Worker Haunts Him

The transcript discusses a legal dispute between Elaine Wynn and her ex-husband Steve Wynn over her $1.6 billion stake in Wynn Resorts. Elaine alleges that a 2005 settlement with a former employee, which she discovered in 2009, was not disclosed to the board, highlighting governance issues. The case is set to go to trial, with implications in the post-Weinstein era. Confidentiality surrounds the settlement details, with Steve Wynn denying any wrongdoing. The dispute also involves corporate control over shares, with Elaine seeking to regain control of her stake.

What is the main issue Elaine Wynn is highlighting in her legal battle with Steve Wynn?

• Her inability to sell her shares

• A disagreement over company profits

• A 2005 settlement not disclosed to the board

• Her exclusion from board meetings

How has the post-Weinstein era influenced Elaine Wynn's legal strategy?

• By questioning the company's marketing strategies

• By highlighting environmental concerns

• By focusing on financial mismanagement

• By emphasizing the need for corporate transparency

What did the Nevada Supreme Court grant Elaine Wynn access to?

• Company financial records

• Board meeting minutes

• Documents related to the 2005 settlement

• Steve Wynn's personal emails

What is the nature of the 'corporate divorce' between Elaine and Steve Wynn?

• A conflict regarding employee management

• A disagreement over marketing strategies

• A dispute over company profits

• A battle for control over shares and voting rights

Why did Steve Wynn originally control Elaine's shares?

• To expand the company's market share

• To improve employee relations

• To prevent hostile takeovers

• To increase company profits