This article reviews a dispute between the controlling shareholder block of Wynn Resorts and a minority shareholder who was also a director. As the article relates, the minority shareholder/director was forcibly expelled from the company (and his restricted stock repurchased at a discount); this article explains what lessons other shareholders in closely-held corporations can take from the Wynn dispute.
- Summary by FizzLaw Team
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Wynn Resorts Dispute with Shareholder Director