WWE News: WWE acknowledges the diversion of funds from Vince McMahon
Despite more than half a year having passed, the scandals involving the figure of Vince McMahon have only gotten worse over the months.
After revealing a diversion of WWE funds to DNA payments (Non-Disclosure Agreements, or confidentiality agreements), reports.
From the Wall Street Journal revealed that the former CEO of WWE came to invest more than twelve million dollars after maintaining inappropriate.
Behaviors with workers of your company. The case lives on as Vince McMahon made multiple flashy moves within WWE. After having left his
Duties as President and main creative on July 22, 2022, the authority chose to return to his daily duties at the board of directors, moving influences to.
Lead it in order to finalize a future sale of the company. Meanwhile, McMahon continues to be pressured by shareholders who have started multiple.
Lawsuits against him. This fact did not stop the consequences of the internal investigation that WWE carried out against him. According to.
WWE Vince McMahon Latest News:
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What was mentioned in the last economic balance, the company finished the work and dismantled the committee that was in charge of investigating.
The DNAs given the taxes generated by this process, Vince McMahon agreed to pay out of pocket for all expenses “related to this investigation.
And its direct results.” As a base investment, the Chairman of the shareholders’ table has already presented 7.4 million dollars.
In expenses and will be obliged to make future expenses from his personal coffers that will be recorded in WWE reports.
John Laurinaitis no longer belongs to WWE
On the other hand, this document draws attention to how WWE referred to John Laurinaitis, who was also involved in these investigations.
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The profit and loss report listed the former vice president of talent as “an executive who is no longer with the company.”
Laurinaitis was displaced from his position when Triple H took creative power in the company, without directly confirming any type of dismissal.
