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FCPA Blog Daily News

Entries in Wynn Resorts (4)


Enforcement Report for Q3 ‘13

DOJ and SEC enforcement of the FCPA slowed a bit during the summer months. But after a blockbuster Q2, the third quarter still saw four guilty pleas, one more than the prior quarter, and three declinations, up from two in the previous three months.

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SEC declination for Wynn

Here's a disclosure by Wynn Resorts from its Form 8-K filed with the SEC earlier this month:

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Testing Wynn's Charitable Giving

The SEC sent a letter to Wynn Resorts last month asking about a $135 million gift to the University of Macau Development Foundation.

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Wynn Resorts Boots Non-Compliant Director, Shareholder

Wynn Resorts Ltd said Sunday its board asked a director to resign and already redeemed his 20% stake in the company after an internal investigation found numerous violations by him of the Foreign Corrupt Practices Act.

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