Vince McMahon, the former World Wrestling Entertainment chief executive, settled U.S. Securities and Exchange Commission charges he concealed from the company's board two settlement agreements worth $10.5 million with women who had potential claims against him. The SEC said on Friday that McMahon's actions circumvented WWE's internal accounting controls, and led to the company's restating its financial statements in August 2022.

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Former WWE CEO Vince McMahon settles with SEC over undisclosed settlements with women

The SEC said that McMahon, without admitting or denying its findings, agreed to cease-and-desist from violating certain provisions, pay a $400,000 civil penalty, and reimburse WWE approximately $1.3 million.

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WWE’s Vince McMahon Agrees to USD 1.7 Million Settlement With SEC Amid Financial Reporting Violations

Vince McMahon, the former World Wrestling Entertainment chief executive, settled U.S. Securities and Exchange Commission charges he concealed from the company's board two settlement agreements worth $10.5 million with women who had potential claims against him.

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The Securities and Exchange Commission says that it has settled charges against former WWE CEO Vince McMahon over his failure to disclose to the sports entertainment company’s board and others that he signed two settlement agreements worth $10.5 million with two women in order for them not to reveal

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Former WWE CEO Vince McMahon reaches deal with SEC over undisclosed settlement agreements

WWE co-founder and former CEO Vince McMahon will pay $1.7 million after failing to disclose payment agreements related to sexual assault charges.

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Vince McMahon to pay more than $1.7 million over hush money payments

Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.

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Vince McMahon to pay $1.7 million for failing to disclose settlements

Vince McMahon agreed to pay $1.7 million to settle Securities and Exchange Commission charges over settlements he made on behalf of himself and World Wrestling Entertainment without properly disclosing them to the company’s board of directors, the SEC announced Friday.

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Ex-WWE CEO Vince McMahon settles SEC charges over undisclosed settlements

Vince McMahon resigned last year as TKO Group Holdings executive chairman after a former WWE employee sued him for alleged sexual assault and trafficking.

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SEC charges former WWE boss Vince McMahon over undisclosed settlements with two women

By John Towfighi, CNN (CNN) — Vince McMahon agreed to pay $1.7 million to settle Securities and Exchange Commission charges over settlements he made on behalf of himself and World Wrestling Entertainment without properly disclosing them to the company’s board of directors, the SEC announced Friday. McMahon, the former chief executive of WWE, made two settlement payments to women in 2019 and 2022 on behalf of himself and WWE without properly disc…

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World Wrestling Entertainment (WWE) co-founder Vince McMahon reached a settlement with the Securities and Exchange Commission (SEC) on Friday for failing to disclose two payments made on behalf of himself and the company.  The former WWE CEO was accused of paying hush money to two individuals in 2019 and 2022 to prevent them from bringing…

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Vince McMahon, SEC reach $1.7M settlement over hush money payments

The body said he failed to disclose to the company’s board and other departments two settlements made in 2019 and in 2022, totalling 10.5 million US dollars (£8.5 million), to two women. It alleged that the payments were made so they would not reveal potential claims against McMahon and WWE. READ SOURCE

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WWE founder Vince McMahon ‘thrilled’ after settling payments allegations case

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Former WWE CEO Vince McMahon settles with SEC over undisclosed settlements with women

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