Vince McMahon made headlines back in June 2022 for all the wrong reasons after it was revealed that he secretly paid $3 million in a hush-money scandal. It was all downhill for McMahon, as he was eventually forced to retire from the company he helped build. That didn’t really last long as McMahon returned to WWE last month and quickly took over operations once again. Now it seems WWE is facing yet another lawsuit over Vince McMahon’s allegations.
As previously reported, Vince McMahon was accused of sexual assault by former WWE referee Rita Chatterton, who accused him of the act back in 1992. Things did not end just there either.
In November 2022, McMahon’s attorney received a letter from Chatterton, in which she demanded $11.75 million in compensation for the alleged assault, after her allegations were brought back to the public’s attention in 2022. McMahon would end up agreeing to a multi-million dollar settlement on this matter.
Aside from that, McMahon faced other allegations, including his allegedly assaulting a spa manager. According to Bloomberg, WWE investor Dennis Palkon is hoping to “bar” McMahon from the Board of Directors.
The lawsuit, filed on January 26th, “seeks internal files from WWE to investigate claims that McMahon ‘raped and sexually assaulted employees and contractors over the course of decades’, then paid nearly $15 million to keep a lid on the accusations”. It was further added in the suit that there are “serious questions about how Vince McMahon obtained and delivered those funds to his victims”.
The lawsuit alleges that Vince McMahon’s return to the company’s Board of Directors as executive chairman demonstrated “a blatant disregard for standard corporate governance practices.” It also claims that McMahon reinstated “two of his long-standing associates” (Michelle Wilson and George Barrios), stating that “the reported misconduct is extensive and extremely serious.”
The lawsuit is the first to request access to the company’s internal documents and if evidence of fiduciary misconduct is found, the plaintiff intends to pursue proceedings to prevent Vince McMahon from serving on the WWE board in the future. This aims to accomplish what the board had originally intended, but were unable to due to Vince McMahon’s alleged intimidatory tactics, as stated in the suit. We will keep you updated on this ongoing case.
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