Former WWE CEO Vince McMahon reaches deal with SEC over undisclosed settlement agreements
Friday, 10 January 2025 () The Securities and Exchange Commission says that it has settled charges against former WWE CEO Vince McMahon over his failure to disclose to the sports entertainment companyβs board and others that he signed two settlement agreements worth $10.5 million with two women in order for them not to reveal potential claims against himself and WWE. The SEC said that McMahon, without admitting or denying its findings, agreed to cease-and-desist from violating certain provisions, pay a $400,000 civil penalty, and reimburse WWE approximately $1.3 million.
Friday, 10 January 2025 ()
