Federal law enforcement agents executed a search warrant and served a federal grand jury subpoena to WWE Executive Chairman Vince McMahon last month, according to a regulatory filing.
McMahon is also taking medical leave from the sports entertainment company following recent spinal surgery.
“In 2022, WWE formed a special committee to review allegations of misconduct against me," McMahon said in a statement. “That review was concluded in November 2022 following an extensive investigation. Throughout this experience, I have always denied any intentional wrongdoing and continue to do so. I am confident that the government’s investigation will be resolved without any findings of wrongdoing.
Revenue totaled $410.3 million, a quarterly record. That topped Wall Street's estimate of $398.5 million. Revenue from live events jumped 51% for the period ended June 30., said that it saw an increase in ticket sales for live events, both domestically and overseas. It also reported an uptick in advertising and sponsorship revenue.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WWE boss Vince McMahon hit with federal grand jury subpoena and search warrant, company revealsWWE boss Vince McMahon hit with federal grand jury subpoena and search warrant over allegations that he'd paid millions of dollars over the years to women after being accused of sexual misconduct.
Read more »
WWE Says Executive Chairman Vince McMahon Hit With Federal Grand Jury Subpoena, Search Warrant – UpdateUDATED with subpoena: WWE said federal law enforcement agents executed a search warrant and served a federal grand jury subpoena on executive chairman Vince McMahon on July 17. In a quarterly SEC f…
Read more »
WWE's Vince McMahon served with subpoena by federal agentsMcMahon is also taking medical leave from the sports entertainment company following recent spinal surgery.
Read more »
WWE's Vince McMahon served with subpoena by federal agentsMcMahon is also taking medical leave from the sports entertainment company following recent spinal surgery.
Read more »
WWE's Vince McMahon served with subpoena by federal agentsMcMahon is also taking medical leave from the sports entertainment company following recent spinal surgery.
Read more »
WWE's Vince McMahon served with subpoena by federal agentsMcMahon is also taking medical leave from the sports entertainment company following recent spinal surgery.
Read more »