WWE Founder Vince McMahon Pays $1.7 Million Settlement Over Payoffs
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.
Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.
The former chief executive of World Wrestling Entertainment paid two women, one of whom accused him of assault.
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