The University of Pennsylvania has announced plans to distance itself from casino mogul Steve Wynn and comedian Bill Cosby in the wake of sexual misconduct allegations against both men.
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The college on Thursday said it will revoke Wynn's honorary degree and remove his name from both an outdoor plaza and a scholarship fund. The school will also rescind Cosby's honorary degree.
The school says it has been a century since it took away an honorary degree but that "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. Wynn has denied the allegations.
Cosby's sexual assault trial ended in a mistrial.
