...at the 2015 amfAR benefit in Cannes, Weinstein struck a deal with then-chairman Kenneth Cole in which Weinstein would auction off two items on the condition that the money be split, with $600,000 going to the American Repertory Theater. Separately, ART promised to reimburse Weinstein for staging the producer’s for-profit play Finding Neverland so long as third parties donated $600,000 to the theater by June 1 of that year. The auction items fetched far less than $1.2 million, but Weinstein still pushed amfAR to wire $600,000 to ART by June 1, even though amfAR had not yet received the donations. Cole acquiesced, to the horror of other board members, some of whom stepped down.
.... After a $1 million investigation (the bill was later reduced to $450,000), (a law firm) found the transaction was acceptable.
....a journalist said "They looked at the issue very narrowly. There’s no way that money raised in a fundraiser for AIDS research is ethical or legal to cast through several entities and give it back to Harvey." (A Gibson Dunn rep says, “After a thorough review, we concluded and reported to the board that this contribution was a lawful charitable donation to ART.")