Wynn Resorts shareholders vote against Okada
He also said that he will continue to fight the involuntary redemption of his stake in Wynn Resorts and will not abandon a pending lawsuit.
"I no longer believe it is appropriate for me to serve on the board of directors of a company that is behaving in a manner that I deeply believe to be unethical, and that has refused my reasonable requests to promptly investigate what appears to me to be misconduct by Steve Wynn, and thus is under the dictatorship of Mr. Wynn and fails to fulfill its original function," Okada said in a statement.
Shares of Wynn Resorts rose $1.75 to $117.28 in afternoon trading.
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