A new federal lawsuit claims that Wynn Resorts Ltd. used fraudulent tactics to get a steep discount on the land in Everett where it's building the Encore Boston Harbor resort.
According to the lawsuit filed on Tuesday in Boston federal court, Wynn Resorts (Nasdaq: WYNN) initially agreed to pay $75 million to acquire the 33-acre site from FBT Everett Realty in late 2012. The price was decreased to $35 million in 2014, after the Massachusetts Gaming Commission raised concerns about a possible windfall…
