Wynn Vice Chairman Sues to See Accounts in Spending Dispute
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Wynn Resorts Ltd. Vice Chairman Kazuo Okada sued the casino operator for access to financial records in a dispute with the company over the use of funds.
Okada, 69, sued in state court in Clark County, Nevada, to force the company to produce spending records. He is chairman of Universal Entertainment Corp., Wynn’s biggest shareholder. Wynn Resorts said today that Okada was “removed” as vice chairman in October in a dispute over his development plans.