Opinion
CASE NO.: 2:13-cv-00136-JCM-NJK
03-01-2013
KAZUO OKADA, an individual, Plaintiff, v. WYNN RESORTS, LIMITED, a Nevada corporation, Defendant.
James J. Pisanelli, Esq., Todd L. Bice, Esq., Bar No. 4534 Debra L. Spinelli, Esq., Bar No. 9695 PISANELLI BICE PLLC Paul K. Rowe, Esq. Bradley R. Wilson, Esq. S. Christopher Szczerban, Esq. WACHTELL, LIPTON, ROSEN & KATZ Robert L. Shapiro, Esq. GLASER WEIL FINK JACOBS HOWARD AVCHEN & SHAPIRO, LLP Attorneys for Wynn Resorts, Limited
James J. Pisanelli, Esq.,
Todd L. Bice, Esq., Bar No. 4534
Debra L. Spinelli, Esq., Bar No. 9695
PISANELLI BICE PLLC
Paul K. Rowe, Esq.
Bradley R. Wilson, Esq.
S. Christopher Szczerban, Esq.
WACHTELL, LIPTON, ROSEN & KATZ
Robert L. Shapiro, Esq.
GLASER WEIL FINK JACOBS HOWARD
AVCHEN & SHAPIRO, LLP
Attorneys for Wynn Resorts, Limited
WYNN RESORTS' ORDER DENYING
PLAINTIFF'S MOTION FOR
PRELIMINARY INJUNCTION
Plaintiff Kazuo Okada's ("Okada") Motion for Preliminary Injunction against Defendant Wynn Resorts, Limited ("Wynn Resorts") came before this Court for hearing on February 15, 2013. Charles H. McCrea, Esq. and Samuel Lionel, Esq., of Lionel Sawyer & Collins, and Marc J. Sonnenfeld, Esq., of Morgan, Lewis & Bockius LLP, appeared on behalf of Okada. James J. Pisanelli, Esq., and Debra L. Spinelli, Esq., of PISANELLI BICE PLLC, Robert Shapiro, Esq., of Glaser Weil Fink Jacobs Howard Avchen & Shapiro LLP, and Bradley R. Wilson, Esq., of Wachtell, Lipton, Rosen & Katz, appeared on behalf of Wynn Resorts. Having considered the papers filed on behalf of all parties, the arguments of counsel presented at the hearing, and good cause appearing therefor:
THE COURT HEREBY FINDS that Okada failed to demonstrate that the definitive proxy statement Wynn Resorts filed with the SEC on January 3, 2013 in connection with the special meeting of stockholders to be held on February 22, 2013 for the purpose of allowing the stockholders to consider and vote on a proposal to remove Okada as a director of Wynn Resorts contained false or misleading statements.
Accordingly, IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that the Motion for Preliminary Injunction is DENIED.
IT IS SO ORDERED.
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UNITED STATES DISTRICT COURT JUDGE
CASE NO.: 2:13-cv-00136-JCM-NJK