Vince McMahon subpoenaed in sexual misconduct investigation | CNN Business

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Federal law enforcement agents executed a search warrant and subpoenaed World Wrestling Entertainment executive chairman Vince McMahon last month as part of an investigation into claims of sexual misconduct, the company announced this week.

US regulators and federal agents also demanded that the WWE hand over certain documents. McMahon has not been charged with a crime. The WWE and McMahon did not immediately respond to a request for comment. McMahon was forced to retire as CEO in July 2022, but remained the company’s majority shareholder. Following his departure, the WWE disclosed multiple expenses that McMahon hadn’t reported, totaling $19.6 million.

The Wall Street Journal in July 2022 reported McMahon paid tens of millions of dollars to four women to cover up “allegations of sexual misconduct and infidelity.” McMahon has denied the allegations. McMahon in January returned to the company as a board member after a six-month hiatus. Upon his return, he agreed to reimburse the company for its expenses related to the investigation. So far, he has repaid the WWE $17.4 million, the company reported Wednesday.

 

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