Connect with us

Hi, what are you looking for?

Jewish Business News

Court

Judge: Jim Chanos Did Not Slander Steve Wynn

Steve Wynn 640x360

Casino owner Steve Wynn might not have liked what hedge fund manager Jim Chanos said about him at an invitation-only event in Berkeley, California, but a judge has ruled that Chanos is not guilty of slander, as reported by Business Insider.

It all began when Jim Chanos made remarks some thought implied that Wynn Resorts was guilty of violating the U.S. Foreign Corrupt Practices Act and possibly bribed government officials. Steve Wynn filed a lawsuit against Chanos, and said that his company has been thoroughly investigated by the SEC and other agencies and has not been found guilty of bribery or corruption.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

It looks like Chanos has the upper hand and is off the hook  from paying damages to Wynn. Jim Chanos is best known on Wall Street for making the winning move of shorting Enron before its unforseen bankruptcy. Steve Wynn was born Stephen Alan Weinberg. His father changed the family name to Wynn to avoid anti-Semitism.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.