The 77-year-old is currently on medical leave from the company after undergoing a serious spinal injury in July, according to CEO Nick Khan, who did not specify how long McMahon is expected to be out.
In a filing with the Securities and Exchange Commission (SEC), WWE noted that no charges have been brought against them, though a probe into McMahon’s affairs is still ongoing.
The company also revealed having received voluntary and compulsory legal demands for documents from federal law enforcement and other regulatory agencies.
“WWE has cooperated throughout and fully understands and respects the government’s need for a complete process,” a company statement reads.
Last year, the Wall Street Journal reported that WWE was investigating McMahon for allegedly paying $3 million to a former female employee he had an affair with.
While McMahon did not use company funds for his hush payment, he never reported it to WWE.
“In 2022, WWE formed a special committee to review allegations of misconduct against me,” he said in a statement sent to employees following news of the search warrant and subpoena.
“That review was concluded in November 2022 following an extensive investigation. Throughout this experience, I have always denied any intentional wrongdoing and continue to do so. I am confident that the government’s investigation will be resolved without any findings of wrongdoing.”
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