Posted on: May 25, 2022, 03:55h. Last updated on: May 25, 2022, 04:20h. Massachusetts’ Supreme Judicial Court has ordered a lower court to reexamine the circumstances surrounding Wynn Resorts’ purchase of the land on which the Encore Boston Harbor now stands.
Charles A Lightbody, above, was a hidden director of FBT, but he and two directors were acquitted of fraud by a federal jury in 2016. (Image: Boston Globe)
A lawsuit brought by the former landowner, FBT Everett Realty, alleges the Massachusetts Gaming Commission (MGC) improperly coerced Wynn Resorts into reducing the plot’s purchase price by $40 million.