Elaine Wynn, 73, his suing her ex-husband (the couple were twice married and divorced) Steve, 74, in an attempt to regain control of her $900 million, near-ten percent stake in Wynn Resorts.<\/strong><\/p>\nThe couple founded the company together in 1992, but Elaine ceded voting control of her shares in 2010 as part of a (then) amicable divorce settlement, so that Steve could would retain control of the company.<\/p>\n
Things became distinctly less warm and fuzzy when Steve booted his ex off the board in 2012, and court filings this week suggest that relations between the former lovebirds have now become decidedly frosty.<\/p>\n
Elaine this week accused Steve of setting \u201ca tone at the top of the company that has given rise to years of unchecked business activities and reckless behavior.\u201d<\/p>\n
Mrs. Wynn, meanwhile, \u201cis simply recycling the same lies and distortions she has sought to promulgate in an attempt to embarrass Mr. Wynn, his fellow board members and colleagues,\u201d according to Steve.<\/p>\n
The only winners in this \u201cWynn-Wynn\u201d situation are likely to be the attorneys for both parties.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sheldon Adelson\u2019s latest defamation suit hinges on a hyperlink. Notoriously litigious , the Las Vegas Sands (LVS) CEO is also currently suing a Wall Street Journal journalist who called him a \u201cscrappy, foul-mouthed billionaire from working-class Dorchester.” Now, Adelson is eager to let his legal team put their daggers into the National Jewish Democratic Council […]<\/p>\n","protected":false},"author":42,"featured_media":34986,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,10,13,18],"tags":[],"acf":[],"yoast_head":"\n
Sheldon Adelson Hyperventilates over Hyperlink, While Steve and Elaine Wynn War of the Roses Goes Ballistic<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n