The Wall Street Journal: Wynn Resorts general counsel who knew about secret $7.5 million settlement to step down

The Wall Street Journal: Wynn Resorts general counsel who knew about secret $7.5 million settlement to step down

A top executive at Wynn Resorts Ltd. who knew for years about a $7.5 million settlement between former Chief Executive Steve Wynn and a casino employee intends to step down from her role soon, according to the company.

Kim Sinatra, the company’s executive vice president and general counsel, will no longer serve in that position as of July 15, the company said. In a filing, Wynn Resorts WYNN, +1.75%   said the terms of Sinatra’s move hadn’t been finalized.

A company spokesman declined to provide additional comment about Sinatra’s departure, and didn’t clarify whether she is leaving the company entirely or just the general-counsel role. The company’s new general counsel is Las Vegas casino-industry lawyer Ellen Whittemore, according to people familiar with the matter.

Wynn Resorts has been under heightened regulatory scrutiny since The Wall Street Journal in January published an article detailing allegations of behavior by Wynn that cumulatively would amount to a decades-long pattern of sexual misconduct.

An expanded version of this report appears on WSJ.com.

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