Vince McMahon is also taking a leave of absence from the sports entertainment firm, according to CEO Nick Khan.
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According to a governmental filing, federal law enforcement officers presented Vince McMahon with a federal grand jury subpoena and carried out a search warrant last month. Following significant spinal surgery nearly two weeks ago, McMahon is also taking a leave of absence from the sports entertainment firm, according to CEO Nick Khan’s announcement on Wednesday. He didn’t say how long his leave would last.
While federal inquiries into McMahon are still underway, according to WWE’s statement with the Securities and Exchange Commission, no charges have been filed. In relation to the probe and related topics, the company claimed it has received both voluntary and compliant legal requests for documents, including from federal law enforcement and regulatory organizations. “WWE has cooperated throughout and fully understands and respects the government’s need for a complete process,” Expressed the company.
The WWE is reportedly looking into an apparent $3 million payment made by McMahon to a female employee who left as a result of an alleged affair, according to a Wall Street Journal report from last year. The inquiry into the alleged misbehavior by WWE was finished last year.
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“In 2022, WWE formed a special committee to review allegations of misconduct against me,” that review was concluded in November 2022 following an extensive investigation. Throughout this experience, I have always denied any intentional wrongdoing and continue to do so. I am confident that the government’s investigation will be resolved without any findings of wrongdoing.” McMahon exclaimed in a statement.
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