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Ex-WWE Employee Janel Grant’s Attorney Says Vince McMahon SEC Settlement Confirms He Covered Up “Horrifying Behavior”; Onetime Mogul Waves Off “Minor Accounting Errors” – Update
Former WWE chief Vince McMahon is paying more than $1.7 million to settle SEC charges related to his failure to disclose hush money payments to two women.
Vince McMahon, who left his longtime perch at WWE under a cloud last year, is paying more than $1.7 million to settle charges from the SEC alleging he failed to disclose hush money payments to two women. “Without admitting or denying the SEC’s findings,” as the press release put it, McMahon agreed to pay a $400,000 civil penalty for violating the Securities Exchange Act, and also to reimburse WWE $1,330,915.90. McMahon, who remains under investigation by the U.S. Department of Justice related to his conduct as WWE’s CEO, stepped down from TKO’s board in the wake of a disturbing lawsuit filed by a former employee accusing him of sexual abuse, assault and trafficking.
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