Wynn Resorts, Ltd. Derivative Litigation
Wynn Resorts, Ltd. Derivative Litigation (Eighth Jud. Dist. Crt., Clark Cnty., Nev.): Cohen Milstein represented the New York State Common Retirement Fund and the New York City Pension Funds as Lead Counsel in a derivative shareholder lawsuit against certain officers and directors of Wynn Resorts, Ltd., arising out of their failure to hold Mr. Wynn, the former CEO and Chairman of the Board, accountable for his longstanding pattern of sexual abuse and harassment of company employees. In March 2020, the Court granted final approval of a $90 million settlement in the form of cash payments and landmark corporate governance reforms, placing it among the largest, most comprehensive derivative settlements in history.
Yuen, et al. v. IDEXX Laboratories, Inc.
Yuen, et al. v. IDEXX Laboratories, Inc. (N.D. Cal.): Cohen Milstein is Interim Co-Lead Class Counsel in this putative antitrust class action which alleges that IDEXX engaged in an anticompetitive scheme, causing pet owners to pay artificially inflated prices for inhouse point-of-care (“POC”) analyzers, consumables, and single-use rapid test kits used by veterinarians to diagnose and treat family pets.
Zucker, et al. v. Bowl America, Inc., et al.
Zucker, et al. v. Bowl America, Inc., et al. (D. Md.): Cohen Milstein serves as co-lead counsel in this certified securities class action. Shareholders of Bowl America, Inc. allege that the board of directors of Bowlero Corp. orchestrated a merger that was unfair, misleading and grossly inadequate, forcing the sale of Bowl America at a fire sale price.