Vince McMahon Offloads $412M in TKO Stock Amid WWE Controversy

1 min read
Source: Variety
Vince McMahon Offloads $412M in TKO Stock Amid WWE Controversy
Photo: Variety
TL;DR Summary

Vince McMahon, founder of WWE, has sold $411.95 million worth of TKO stock, following his resignation from the board amid sexual assault allegations. McMahon still owns about 15 million shares of TKO. A lawsuit filed by former WWE employee Janel Grant alleges that McMahon abused and sexually exploited her, leading to his resignation from TKO's board. McMahon strongly denies the allegations and intends to vigorously defend himself.

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