Nation & World

Wynn harassment probe nears end

Committee examined documents, interviewed 114 people

Reuters

A board expanded the scope of its probe after Wynn Resorts co-founder Steve Wynn stepped down as CEO in February following a number of allegations.
Reuters A board expanded the scope of its probe after Wynn Resorts co-founder Steve Wynn stepped down as CEO in February following a number of allegations.

Wynn Resorts may soon wrap up one aspect of its months-long struggle since its former CEO was accused of sexual harassment, as a special committee looking into the complaints completes its work.

The committee will conclude the probe in the third quarter, after interviewing 114 people and reviewing more than three million pages of documents, Director Patricia Mulroy said Wednesday at the company’s annual meeting in Las Vegas.

The board expanded the scope of its probe after co-founder Steve Wynn stepped down as chief executive in February following a wave of allegations.

The special committee, working with outside counsel, is looking at corporate actions, policies and procedures. It’s also cooperating with regulators in Nevada and Massachusetts, with an idea toward putting in place policies to prevent future harassment.

The casino operator is eager to put the scandal behind it as it wages battles on other fronts.

Since stepping down, Steve Wynn settled a six-year fight with his ex-wife Elaine Wynn, giving her the right to vote and sell her roughly nine percent stake in the company.

The company also settled a dispute with Universal Entertainment, agreeing to consult with that company’s casino in the Philippines.

Under new CEO Matt Maddox, several long-serving members of Wynn Resorts’ board have left the company.

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