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 https://t.co/wkDcf0xA1C
The Securities and Exchange Commission said it reached a settlement agreement with WWE co-founder Vince McMahon, which requires he pay a civil penalty and reimburse the WWE $1.33 million following a yearslong probe over administrative charges.
The Securities and Exchange Commission says that it has reached a settlement deal with former WWE CEO Vince McMahon relating to undisclosed payments to an employee and an independent contractor with whom he allegedly had relationships with. McMahon will pay a $400,000 civil penalty, and will reimburse the WWE more than $1.3 million.
Vince McMahon, the co-founder and former CEO of WWE, has been charged by the U.S. Securities and Exchange Commission (SEC) for violating federal securities laws by failing to disclose two settlement agreements totaling $10.5 million.
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 company's board and others that he signed two settlement agreements worth $10.5 million ...
Vince McMahon, the former executive chairman and CEO of World Wrestling Entertainment, has agreed to pay $1.7 million in fines and restitution for violating U.S. securities laws, authorities said Friday.
Vince McMahon resigned last year as TKO Group Holdings executive chairman after a former WWE employee sued him for alleged sexual assault and trafficking.
McMahon settled SEC charges for bypassing WWE’s controls, causing financial misstatements and undisclosed payments.
The Securities and Exchange Commission announced the settlement with McMahon, the former executive chairman and CEO of WWE, for signing two settlement agreements, one in 2019 and one in 2022 ...
WASHINGTON/NEW YORK (Reuters) - Vince McMahon, the former World Wrestling Entertainment chief executive, settled U.S. Securities and Exchange Commission charges he concealed from the company's board two settlement agreements worth $10.5 million with women who had potential claims against him.
Vince McMahon, the former chief executive of World Wrestling Entertainment, agreed to pay more than $1.7 million to settle U.S. Securities and Exchange Commission charges he signed
The wrestling company’s books and filings were inaccurate because its former chief never told the legal and accounting teams about harassment claims he settled, the agency said.