Questions raised about Wynn board liability

|About: Wynn Resorts, Limited (WYNN)|By:, SA News Editor

Corporate governance experts are of the opinion that Wynn Resorts (NASDAQ:WYNN) directors could face the possibility of civil liability over allegations involving CEO Steve Wynn.

However, some say the board could "be shielded under some circumstances" if it's proven they've acted in good faith.

Fallout continued Monday from the sexual misconduct allegations against Steve Wynn as the casino giant's stock fell further.

Subscribe for full text news in your inbox