Loading...
Loading...
Browse all stories on DeepNewz
VisitWill WWE announce changes in corporate governance by mid-2025?
Yes • 50%
No • 50%
Official WWE announcements or press releases
Vince McMahon to Pay $1.7 Million in SEC Settlement Over Undisclosed Hush-Money Payments
Jan 10, 2025, 04:31 PM
Vince McMahon, the former CEO and co-founder of WWE who left the company under a cloud last year, has settled charges with the Securities and Exchange Commission (SEC) over undisclosed payments related to allegations of sexual assault. McMahon agreed to pay over $1.7 million, including a $400,000 civil penalty to the SEC and reimbursing WWE $1.33 million. The SEC alleged that McMahon signed two settlement agreements with women without disclosing them to WWE’s board of directors and company officials. McMahon referred to the charges as 'minor accounting errors.' An attorney for former WWE employee Janel Grant stated that the settlement confirms McMahon covered up 'horrifying behavior.' Despite the settlement, McMahon is still facing lawsuits.
View original story
Board of directors restructured • 25%
Current leadership remains unchanged • 25%
New CEO appointed • 25%
Other major executive changes • 25%
Other • 25%
Reinstated as CEO • 25%
Takes a different executive role • 25%
No involvement with WWE • 25%
No significant changes • 25%
CEO replacement • 25%
Board restructuring • 25%
Other governance changes • 25%
Other significant stock price movement • 25%
Stock price increases by over 10% • 25%
Stock price decreases by over 10% • 25%
Stock price remains relatively stable • 25%
Minor impact • 25%
Significant impact • 25%
No impact • 25%
Controversies resolved • 25%
No • 50%
Yes • 50%
Found guilty and fined • 25%
Settled with no admission of guilt • 25%
Ongoing without resolution by end of 2025 • 25%
Case dismissed • 25%
Yes • 50%
No • 50%
No significant impact • 25%
Major impact • 25%
Moderate impact • 25%
Minor impact • 25%
Ongoing • 25%
Settled • 25%
Dismissed • 25%
Ruled in favor of plaintiffs • 25%