Elaine Wynn is working with Kekst and Company as the co-founder of Wynn Resorts sues to regain shares of the company amid a family struggle over the publicly traded casino giant.
Wynn said March 28 that she has sued in Nevada state court to regain "her own" stock controlled by her ex-husband, Stephen Wynn, chairman and CEO of the company.
Wynn alleges her ex-husband orchestrated her ouster from the company's board in retaliation for her "asking questions about the 'tone at the top,' internal controls, and "reckless activity of the CEO and others," among other charges.
Steve Wynn, who works with Joele Frank, fired back this week that his ex-wife's claim is "filled with lies and distortions and is an embarrassment to Ms. Wynn and her counsel."
The company itself said Wynn's claims are "consistent with the falsehoods and distortions she previously made against the company and its CEO."
Wynn Resorts' board in 2015 bounced Ms. Wynn by not re-nominating her. She responded with an unsuccessful proxy contest.
Thefool.com in 2015 called the familial board struggle "the family feud that could tear apart Las Vegas' most successful casino."
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