Vince McMahon retired as WWE's CEO earlier this year after the company revealed he had paid hush payments to accusers.
WWE said a special committee's probe into alleged misconduct by Vince McMahon has concluded.
"Management is working with the Board of Directors to implement the recommendations of the Special Committee related to the investigation," the company said. McMahon, who retired as CEO this summer, is the top shareholder and can"effectively exercise control over our affairs," the company said.said Wednesday that a special committee investigating alleged misconduct and secret payments by former CEO Vince McMahon had disbanded.
"The Special Committee investigation is now complete and the Special Committee has been disbanded," the company said in."Management is working with the Board of Directors to implement the recommendations of the Special Committee related to the investigation." McMahon retired in July after WWE said he had paid out nearly $20 million in previously unrecorded expenses. McMahon is still the biggest shareholder in WWE, and his daughter, Stephanie McMahon, is co-CEO.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
XFL Reboot Announces Eight Team Names and LogosThe first iteration of the XFL, back in the early 2000s, failed because league founder Vince McMahon tried a little too hard to turn the league into a football version of WWE. The reprise, in 2020, founded again by McMahon and skippered by league president Oliver Luck, failed because of...
Read more »
Vince Vaughn Wants to Do ‘Dodgeball 2’ But Needs Ben Stiller to Sign OnRemember: Dodge, duck, dip, dive, dodge, and make a sequel.
Read more »
XFL Reboot Announces Eight Team Names and LogosThe first iteration of the XFL, back in the early 2000s, failed because league founder Vince McMahon tried a little too hard to turn the league into a football version of WWE. The reprise, in 2020, founded again by McMahon and skippered by league president Oliver Luck, failed because of...
Read more »
L.A. County to pay $47.6 million over alleged misconduct by sheriff's deputiesThe L.A. County Board of Supervisors agreed to pay $47.6 million to settle several lawsuits over allegations of misconduct by sheriff’s deputies. The payouts include $8 million for the family of Andres Guardado, whose killing prompted large protests.
Read more »