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Wynn Resorts CEO Calls Sexual Misconduct Accusations ‘Preposterous’

Steve Wynn, chairman and CEO of Wynn Resorts / Reuters

(Reuters) – Wynn Resorts Ltd. Chief Executive Steve Wynn said on Friday that accusations of sexual misconduct made against him that were reported by the Wall Street Journal were "preposterous."

"The idea that I ever assaulted any woman is preposterous," Steve Wynn said in a statement emailed to Reuters.

Wynn Resorts shares were down about 8.5 percent to $183.56 in afternoon trade.

(Reporting by Pranav Kiran in Bengaluru)