WWE Discloses Subpoena and Search Warrant Served to Vince McMahon by Federal Authorities

Vince McMahon Facing Federal Search Warrant and Grand Jury Subpoena

Vince McMahon, the CEO of World Wrestling Entertainment (WWE), is facing a federal search warrant and a grand jury subpoena. The warrant was executed on July 17 by federal law enforcement, and the subpoena is related to allegations against McMahon regarding payments he made to several women following accusations of sexual impropriety. The investigation is ongoing, and the WWE has released a statement acknowledging the situation.

Investigation into WWE Payments by U.S. Securities and Exchange Commission

The U.S. Securities and Exchange Commission and federal prosecutors have conducted a search related to payments made by the WWE (World Wrestling Entertainment). This investigation began a year ago after the WWE disclosed payments made by its former CEO, Vince McMahon. The WWE reported $14.6 million in expenses paid personally by McMahon, which had not been previously recorded. McMahon currently serves as the executive chairman of the company.

Vince McMahon on Medical Leave after Spinal Surgery

The WWE Chairman, Vince McMahon, is currently on medical leave after undergoing spinal surgery. He is expected to remain on leave for an indefinite period but will continue to serve as the Executive Chairman of the corporation.

WWE Cooperating with Investigations

The WWE (World Wrestling Entertainment) has announced that it is cooperating with investigations after receiving legal demands for documents from federal law enforcement and regulatory agencies. CEO Nick Khan stated that they are fully cooperating with the investigation but declined to comment further on the matter. No charges have been filed against WWE CEO Vince McMahon or the corporation at this time.