August 7, 2018 - 10:33 am
The committee — composed of independent directors — made its final presentation on its findings to the board August 3, the company said in a filing Monday with the Securities and Exchange Commission.
The special committee was formed on January 26 after allegations emerged that Steve Wynn sexually harassed employees over a period of decades. Steve Wynn, who stepped down in Feburary, denies the allegations.
The committee’s report will be handed over to gaming regulators in Massachusetts, Nevada and Macau who are conducting their own investigations into Wynn Resorts, the company said.
Neither the board nor the company will comment on the findings until regulators finish their investigations. Committee member Pat Mulroy said in May that 114 people had been interviewed and more than 3 million documents reviewed as part of the investigation.
The committee hired Gibson, Dunn & Crutcher LLP as outside counsel to assist with its investigation. Kim Sinatra, Wynn Resorts’ former general counsel and one of the most powerful people in the company, had been a partner at the law firm, which raised concerns among investors about a conflict of interest.
Regulators in Macau have been quiet on the details of its investigation, while regulators in Massachusetts expect to finish its investigation “this summer,” spokeswoman Elaine Driscoll said last month.
The Nevada Gaming Control Board did not immediately respond to a request for comment Tuesday on the status of its own investigation.