The New York Post reports: Federal prosecutors in Manhattan have dropped a criminal probe that focused on whether former World Wrestling Entertainment boss Vince McMahon tried to cover up multiple allegations of sexual misconduct, his lawyer told The Post. The revelation comes as appeals judges on Friday revealed that a grand jury had considered whether the 78-year-old billionaire broke the …
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NBC News reports: The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million in relation to charges that he failed to disclose payment agreements related to sexual assault charges. The SEC said McMahon circumvented WWE internal accounting controls and caused material misstatements in the company’s 2018 and 2021 financial statements. …
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CNN reports: A lawsuit alleges Linda McMahon, who President-elect Donald Trump tapped to lead the Department of Education, knowingly enabled the sexual exploitation of children by a World Wrestling Entertainment (WWE) employee as early as the 1980s — allegations she denies. The suit alleges McMahon, her husband, the WWE and TKO Group Holdings, the league’s parent company, knowingly allowed employee …
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ESPN reports: Vince McMahon, who co-founded the modern WWE in 1982, has resigned from his role as TKO executive chairman and from his position on the TKO board of directors, he said in a statement provided to ESPN on Friday night. McMahon, 78, leaves the publicly traded company — which was formed when UFC merged with WWE last year — …
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