Federal Criminal Investigation Into WWE's Vince McMahon Ends Without Charges
Prosecutors have concluded their probe into allegations of misconduct and financial cover-ups by the former WWE CEO, following settlements with the SEC.
- Federal prosecutors in Manhattan have dropped their criminal investigation into Vince McMahon, former WWE CEO, over allegations of sexual misconduct cover-ups and financial misrepresentation.
- The probe centered on multimillion-dollar settlements McMahon made with two women to conceal sexual misconduct allegations, which were not disclosed to WWE's board or auditors.
- The Securities and Exchange Commission (SEC) previously found McMahon violated the Securities Exchange Act, resulting in a $400,000 penalty and reimbursement of over $1.3 million to WWE.
- McMahon has denied wrongdoing but stepped down as WWE's executive chairman in 2022 and retired as CEO following the allegations and subsequent investigations.
- Despite a prior court ruling suggesting probable cause of legal violations, prosecutors decided not to pursue charges, citing no ambiguity in their decision to close the case.