13.04.2015 16:52:36
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Glass Lewis Recommends Stockholders Vote FOR ALL Wynn Resorts Director Nominees
(RTTNews) - Wynn Resorts Limited (WYNN) announced that Glass Lewis & Co., a leading independent proxy advisory firm, has recommended that Wynn Resorts stockholders vote "FOR"ALL of Wynn Resorts' director nominees, John Hagenbuch and Edward Virtue, on the WHITE proxy card at the Company's Annual Meeting of Stockholders to be held on April 24, 2015.
In its April 10, 2015 report, which supported the Company's nominees and rejected dissident director Elaine Wynn, Glass Lewis stated: "Among other things, we believe the board successfully argues that the Dissident's actions over recent periods -- which notably encompass the submission of litigation discovery requests on Wynn's independent directors -- indicate that Ms. Wynn's interests as a significant shareholder and active litigant have increasingly taken priority over her fiduciary duties to all investors."
Wynn Resorts urged its stockholders to follow the recommendation of Glass Lewis by voting "FOR" ALL of Wynn Resorts' director nominees on the WHITE proxy card today.
Wynn Resorts Board strongly urges stockholders not to return or otherwise vote any gold proxy card sent from Ms. Elaine Wynn.
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Wynn Resorts Ltd. | 83,60 | -2,51% |