WWE provides update on VinceMcMahon investigation
Among the allegations levied against McMahon is $14.6 million paid in hush money to women regarding alleged affairs and misconduct.
WWE has “received, and may receive in the future, regulatory, investigative and enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters. “Although we believe that no significant business has been lost to date, it is possible that a change in the perceptions of our business partners could occur as a result of the investigation.”WWE Announces Sasha Banks And Naomi ‘Suspended Indefinitely’ After ‘Monday Night Raw’ Walkout
Stephanie McMahon, Vince’s daughter, was promoted to co-CEO along with WWE president Nick Khan. Stephanie had announced a hiatus from her executive duties shortly before Vince stepped away. Paul Levesque, known more commonly by fans as Triple H, has taken a lead on creative direction since Vince ceded control of the business.
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