"Vince McMahon's $400M Stock Sell-Off Amid Sex Trafficking Allegations"
TL;DR Summary
Vince McMahon cashed in $400 million by selling over 5 million shares in WWE-parent TKO Group Holdings, following his resignation over sex-trafficking allegations. The sale comes after a lawsuit by former WWE employee Janel Grant, who accused McMahon of sexual abuse and trafficking. McMahon still owns 15 million shares in the company. Other sexual assault allegations against him have also surfaced, including claims by WWE star Ashley Massaro. McMahon is reportedly under federal investigation over Grant’s claims.
Topics:entertainment#business#sexual-misconduct-allegations#stock-sale#tko-group-holdings#vince-mcmahon#wwe
- Vince McMahon cashes in stock for $400M windfall after leaving WWE parent over sex-trafficking allegations New York Post
- WWE Founder Vince McMahon Selling $400M in TKO Group Shares Sportico
- Vince McMahon Sells More Than 5 Million Shares Of TKO Stock Valued Above $400 Million Wrestling Inc.
- Vince McMahon sex trafficking lawsuit: Latest details and developments USA TODAY
- Vince McMahon selling off another $411 million worth of stock in TKO Group Holdings MMA Fighting
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