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WWE Founder Vince McMahon Resigns Amidst New Sexual Assault and Trafficking Allegations

In a shocking turn of events, World Wrestling Entertainment (WWE) founder Vince McMahon has resigned from his roles as TKO executive chairman and board member following a lawsuit accusing him of sexual assault, abuse, and trafficking. The resignation was confirmed by WWE President Nick Khan in an email to employees.

The lawsuit, filed by former WWE employee Janel Grant, alleges that she was a victim of physical and emotional abuse, sexual assault, and trafficking during her time with the company. Grant’s attorney, Ann Callis, stated that the complaint aims to hold accountable two WWE executives involved in the alleged misconduct, as well as the organization for either facilitating or turning a blind eye to the abuse.

Despite vehemently denying the allegations, McMahon expressed his decision to step down out of respect for the WWE Universe, TKO business, board members, shareholders, partners, constituents, and employees who contributed to making WWE a global leader. McMahon, who had previously resigned as CEO in 2022 amidst claims of paying nearly $15 million to settle sexual misconduct accusations, was reinstated to the company’s board last year.

The lawsuit includes serious charges such as sex trafficking, civil battery, intentional or negligent infliction of emotional distress, and negligence. While McMahon has not faced criminal charges, the matter is being taken seriously by TKO Group Holdings, which clarified that McMahon did not oversee the day-to-day operations of WWE during their tenure.

The resignation comes as another challenging chapter for WWE, as it grapples with the fallout from the allegations against its founder and the need to address the serious accusations raised by Janel Grant in her lawsuit.