Criminal Or Civil Liabilities In Process, Could Prevent Vince McMahon From Serving As WWE Chairman
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Norfolk, 20 September - In June 2022, McMahon retired from WWE. However, he came back to the company in 2023 for a corporate job. He then took a break because of spinal surgery. With the Endeavor purchase, McMahon will make the final decisions, while Triple H will manage daily creative control.
His year has been quite wild, from the hush money scandal to federal government investigations. Following the commotion, WWE agreed to be acquired by Endeavor and merged with UFC to form the TKO Group Holdings company.
The merger happened despite federal government inquiries into McMahon for the hush money scandal last summer, which was supposedly not on the record. However, on July 17, the feds issued a search warrant after the allegations came to light. As of now, no actions have been taken against him.
According to Jacob Frenkel, Chair of Dickinson Wright's Government Investigations & Securities Enforcement Practice Group and a former senior counsel in the SEC's Division of Enforcement, McMahon might be removed from his WWE duties if he faces criminal or civil liabilities, as reported by the LA Times.
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Norfolk, 20 September - In June 2022, McMahon retired from WWE. However, he came back to the company in 2023 for a corporate job. He then took a break because of spinal surgery. With the Endeavor purchase, McMahon will make the final decisions, while Triple H will manage daily creative control.
His year has been quite wild, from the hush money scandal to federal government investigations. Following the commotion, WWE agreed to be acquired by Endeavor and merged with UFC to form the TKO Group Holdings company.
The merger happened despite federal government inquiries into McMahon for the hush money scandal last summer, which was supposedly not on the record. However, on July 17, the feds issued a search warrant after the allegations came to light. As of now, no actions have been taken against him.
According to Jacob Frenkel, Chair of Dickinson Wright's Government Investigations & Securities Enforcement Practice Group and a former senior counsel in the SEC's Division of Enforcement, McMahon might be removed from his WWE duties if he faces criminal or civil liabilities, as reported by the LA Times.
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