A Wynn employee’s lawsuit, accusing the resort of creating an unsafe work environment due to second-hand smoke, can go forward and seek class-action status, an attorney for the Wynn dealer announced Wednesday.
Former hard-money lender Connie Farris tricked investors into giving her money for five nonexistent loans, a prosecutor told a jury in opening statements Wednesday as Farris’ trial got under way.
A joint investigation by every state could force mortgage companies to settle allegations that they used flawed documents to foreclose on hundreds of thousands of homeowners. Lenders could be forced to accept an independent monitor to ensure they follow state laws and pay some people whose foreclosures were improperly handled.
Raising almost $517.4 million through a stock sale may not seem like a huge amount when you face a debt of $13 billion. But Wall Street was quick to point out Wednesday that MGM Resorts International has other means at its disposal to reduce the company’s leverage.