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WWE executive chairmanVince McMahonwas served a federal grand jury subpoena just before going on medical leave last month,according to a 10-Q filing submitted to the SECon the company’s behalf Wednesday.
“On July 17, 2023, federal law enforcement agents executed a search warrant and served a federal grand jury subpoena on Mr. McMahon,” according to the filing. “No charges have been brought in these investigations.”
On July 21, “Mr. McMahon went on medical leave after undergoing major spinal surgery,” the report states. “Mr. McMahon will remain on medical leave until further notice but will remain Executive Chairman of the Company.”
The disclosures come as the WWE looks to finalize its merger with UFC — and amid ongoing controversies for McMahon.
Earlier this year, McMahon returned to his role as WWE executive chairman of the board nearly six months after he voluntarily stepped down from his position amid allegations he paid a former employee $3 million to hide their affair.
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In an Aprilinterview with CNBC, the former wrestler further denied the misconduct allegations, tied to a lawsuit he settled with a former referee who said McMahon had raped her in 1986.
At the time, McMahon said the merger is “the best thing that has happened in a long, long time” and called it “the best day of” his life. “It’s a great day,” he told CNBC.
The former WWE CEO retired from the company last July amid the allegations before returning as an executive chairman in January.
“Things have to evolve, family business, it all has to evolve for all the right reasons and this is the right business decision thus far, it’s the right family decision,” he said in the interview.
McMahon admitted to making mistakes “obviously both personally and professionally” throughout his 50-year career but added, “I’ve owned up to every single one of them and then moved on.”
source: people.com
