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Wynn Resorts said in a Tuesday statement it arranged for Wynn to leave without severance, cooperated with the Massachusetts inquiry and has parted ways with any employee who did not investigate or report allegations against Wynn. Wynn Resorts shares were up 1.9 percent at $131.85. Massachusetts investigators concluded that over several years, a limited group of executives and employees disregarded company policies when it came to allegations of sexual misconduct against Wynn involving other employees.
The 199-page report said certain executives, with the help of outside lawyers, also took steps after learning about allegations against Wynn to conceal them, “Their efforts at secrecy made it exceedingly designer cufflinks online difficult, if not impossible, for gaming regulators to detect this potentially derogatory information through typical regulatory means,” the report said, The report said the actions of those now-former executives “appear to have contributed to a culture where employees were reluctant to report allegations against Mr, Wynn to management.”..
The Las Vegas-based company received its Massachusetts license in 2013, allowing it to move forward with building the 671-room “Encore Boston Harbor” in Everett, Massachusetts. The five-member commission is not expected to issue a decision for several weeks. It can impose conditions on the Las Vegas-based company’s license or revoke it entirely. Nevada casino regulators, following a similar investigation into its response to allegations against Wynn, in February fined the company $20 million.
DETROIT (Reuters) - A former top United Auto Workers official in charge of the union’s relations with Fiat Chrysler Automobiles NV (FCA) pleaded guilty on Tuesday in a U.S, federal court in Detroit to misusing the automaker’s funds for lavish spending on UAW officials, As part of a plea agreement, Norwood Jewell, who headed the UAW’s FCA department from 2014 until his retirement in January 2018, pleaded guilty to a single charge of conspiring to violate the Labor Relations Management Act, which carries a maximum prison sentence of designer cufflinks online five years and a fine of up to $250,000..
Jewell is the highest-ranking former UAW official charged so far in a wide-ranging investigation into illegal payoffs to UAW officials by FCA. To date, seven people linked to the union and the automaker have been sentenced in the government’s corruption investigation. Jewell’s court appearance comes at a sensitive time for the UAW, which faces contract talks later this year with FCA, General Motors Co and Ford Motor Co. Prosecutors say FCA officials conspired to divert to UAW officials more than $4.5 million in training center funds intended to pay for training for union members.
Both the UAW and FCA have repeatedly said that only a few individuals were involved and that this did not affect contract talks between the two in 2015, Dressed in a black suit, charcoal gray shirt and a black-and-blue striped tie, Jewell told the court he failed to properly apportion funds between his two roles at the UAW and the National Training Center funded by the FCA to train workers, “I own up to what I did and I am taking responsibility for my actions,” Jewell said, Prosecutors have recommended a sentence of 12 designer cufflinks online months to 18 months..
According to court documents, Jewell used the FCA’s National Training Center credit card and approved the use of the credit cards by other UAW officials to make more than $40,000 worth of charges for items such as travel and meals. Defense attorney Michael Manley told reporters the corrupt practices preceded Jewell’s appointment in 2014, that he had worked to halt those practices and “that he did not take anything for personal gain.”. “My hope is that he will not go to jail,” Manley said.
NEW YORK (Reuters) - Oil prices on Tuesday hit their highest level so far in 2019, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, Brent futures reached a session peak at $69.52 a barrel, the highest since Nov, 13, The global benchmark rose 36 cents, or 0.52 percent, to settle at $69.37 a barrel, U.S, West Texas Intermediate (WTI) crude rose 99 cents, or 1.61 percent, to settle at $62.58 a barrel, after touching designer cufflinks online $62.75, its highest level since Nov, 7..