Vince McMahon Settles SEC Charges for $1.7 Million

Vince McMahon has reached a settlement with the SEC regarding his failure to disclose hush-money payments made to silence allegations of abuse, incurring a $400,000 fine and a reimbursement of $1.33 million to WWE. McMahon claimed the case was due to 'minor accounting errors' and expressed relief that the investigation is over. In contrast, Janel Grant, who is suing McMahon for sexual abuse and human trafficking, argued that the SEC's findings confirm McMahon's illegal actions and called for her case to be heard in court. Grant's attorney, Ann Callis, emphasized that the SEC's charges illustrate a pattern of misconduct and that they are prepared to present new evidence in their civil case. The SEC's investigation revealed that McMahon made multiple undisclosed payments to keep allegations against him quiet. Grant's lawsuit adds to ongoing criminal investigations into McMahon's conduct during his tenure at WWE.