Cosby, Wynn lose their degrees

PHILADELPHIA — The University of Pennsylvania announced Thursday that it will remove casino mogul Steve Wynn’s name from a campus plaza, and revoke honorary degrees given to him and comedian Bill Cosby in the wake of sexual misconduct allegations against both men.

The school’s president, Amy Gutmann, and chair of its board of trustees, David Cohen, say in a joint statement that the decision was made after deliberations between deans, faculty, alumni and trustees.

Wynn’s name also will be removed from a scholarship fund.

The university said it has been a century since it took away an honorary degree, but “credible” allegations against the men warranted the action.

The Wall Street Journal last week reported that a number of women said they were harassed or assaulted by Wynn, with one case leading to a $7.5 million settlement.