The new claims against Chairman & CEO Vince McMahon, which were made public by The Wall Street Journal this morning, have been addressed in an internal staff memo from WWE.
The memo reads like this:
“The Wall Street Journal has published a second story with expanded details on its initial WWE report last month. We want to reiterate that we and our Board of Directors take these allegations seriously.
We’ve been cooperating fully with the investigation led by our Board of Directors and will continue to do so until its conclusion. Please note that upon its conclusion, WWE leadership will make itself available to answer any questions you may have.
Thank you.”
According to a recent WSJ report, McMahon agreed to pay more than $12 million in “hush money” to four women over the course of the last 16 years to hide claims of sexual misconduct and infidelity, including one made by a former wrestler. For the complete report, click here.
As PWMania.com previously reported, it was disclosed on Wednesday, June 15 that Vince was the subject of an inquiry by the WWE Board of Directors regarding the “secret $3 million settlement” he had given to the former paralegal employed in 2019. The involvement of Laurinaitis is also under investigation, and the Board is also looking into other incidents involving former female employees. Then, on Friday, June 17, it was revealed that Stephanie had come back from her leave of absence to serve as the interim CEO and chairwoman after Vince willingly stood down from his chairman and CEO business obligations while continuing to carry out his creative tasks. Then, on Monday, June 20, it was made public that Bruce Prichard, Senior Vice President of WWE and Executive Producer of RAW/SmackDown, is also serving as Interim Senior Vice President of Talent Relations, standing in for Laurinaitis throughout the inquiry. Then, today, Friday, July 8, it was made public that McMahon had agreed to pay four women, among them a former wrestler, more than $12 million in “hush money.”
Stay tuned to PWMania.com for more.
