Directors departing Wynn Resorts' board - FOX5 Vegas - KVVU

Directors departing Wynn Resorts' board

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Las Vegas-based Wynn Resorts has announced changes to its board as lawsuits against the directors and company founder continue to be filed.

The company on Wednesday announced that a board member resigned Monday and another said he will not run for re-election after his current term expires next year.

[READ MORE: Wynn shaken by sexual misconduct allegations against founder]

Ray Irani and Alvin Shoemaker are named defendants on several lawsuits brought by shareholders as well as current and former company employees.

Groups of shareholders have accused the board of breaching its fiduciary duties by ignoring what their lawsuits described as a longstanding pattern of sexual abuse and harassment by company founder Steve Wynn.


The company in a securities filing said Irani's Monday resignation was effective immediately.

Wynn resigned as chairman and CEO of the company last month.

[RELATED: Wynn gets no money in termination deal with casino company]

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