Wynn Resorts brings in top law firm for Steve Wynn investigation


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Wynn Resorts brings in top law firm for Steve Wynn investigation – Feb. 12, 2018

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Shortly after the Journal report came out in late January, the board of Wynn Resorts said it had formed a special committee of independent directors to investigate the allegations.

The Las Vegas-based company is now bringing in international law firm Gibson, Dunn & Crutcher as outside counsel to help the committee look into the claims.

Related: Steve Wynn steps down as CEO of Wynn Resorts after misconduct allegations

The casino firm said in a statement late Monday that the special committee’s investigation is also being broadened to include “an expanded and comprehensive review of Wynn Resorts’ internal policies and procedures.”

The aim is to make sure the company “employs best practices to maintain a safe and respectful workplace for all employees,” it said.

Gibson, Dunn & Crutcher couldn’t immediately be reached for comment late Monday. Headquartered in Los Angeles, the firm employs more than 1,200 lawyers in cities around the world, according to its website.

Wynn Resorts’ special committee is chaired by Patricia Mulroy, a member of the board’s corporate governance and compliance committees. Mulroy previously held various high-profile public sector jobs in Nevada, including on the state’s gaming commission, which regulates the casino industry.

Related: Steve Wynn is gone, but his company’s board is still under scrutiny

Wynn Resorts also said Monday that it will add more directors “to strengthen the composition, skills and experience of the board.”

The board has come under scrutiny during the uproar over the allegations against Wynn. Last week, it was hit by a shareholder lawsuit claiming that the directors “knowingly turned a blind eye to allegations of patently egregious misconduct” by Wynn.

The company has declined to comment on the lawsuit.

CNNMoney (New York) First published February 12, 2018: 11:43 PM ET

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