Vince McMahon has handed in his resignation from TKO Group, the father or mother firm of WWE, amid new claims of sexual misconduct in opposition to him.
The agency introduced his exit by way of an announcement launched on Friday (January 26).
Vince McMahon Resigns From TKO Group
However McMahon has maintained his innocence regardless of stepping down, insinuating the lawsuit had not influenced his resolution to resign.
In his assertion, he branded the go well with as nothing greater than “lies” and “obscene made-up situations.”
“I intend to vigorously defend myself in opposition to these baseless accusations and sit up for clearing my identify,” he wrote, per NBC Information.
“Nevertheless, out of respect for the WWE Universe, the extraordinary TKO enterprise and its board members and shareholders, companions and constituents, and the entire workers and Superstars who helped make WWE into the worldwide chief it’s at present, I’ve determined to resign from my government chairmanship and the TKO board of administrators, efficient instantly.”
Janel Grant, a former authorized and expertise division worker, filed a lawsuit in opposition to McMahon and John Laurinaitis, the previous head of expertise relations.
McMahon turned acquainted with Grant as they previously lived in the identical constructing, the go well with notes, per the Wall Road Journal.
Allegations About Sexual Misconduct
It’s alleged that the previous government supplied her a job at WWE shortly after Grant’s mother and father handed away in 2019.
However McMahon, in accordance with the go well with, allegedly insinuated the job got here with particular necessities.
Grant’s docs declare that McMahon was solely prepared to rent her if she agreed to a sexual relationship with him. Moreover, terminating the association meant shedding her job.
The allegations in her courtroom paperwork, per CNN, embody sexual abuse and trafficking by providing her to a different well-known wrestler for intercourse.
The id of the athlete in query was not disclosed within the courtroom papers.
However she additionally accused McMahon of sharing raunchy pictures and movies of her with different male workers on the firm. This allegedly created an unfit atmosphere for Grant to proceed working in.
The plaintiff claims that a number of males on the WWE headquarters coerced her to carry out sexual acts throughout work hours at sure occasions. Laurinaitis, specifically, allegedly made her interact in intimate encounters earlier than her shift would begin.
In 2022, she claims each McMahon and Laurinaitis sexually assaulted her in one of many WWE places of work.
The corporate allegedly let Grant go in 2022 earlier than pressuring her into signing a non-disclosure settlement, per The Hill.
Vince Beforehand Stepped Down As CEO Of WWE
That very same 12 months, in July, Vince retired as CEO of WWE amid an investigation into sexual misconduct. In November, the corporate’s investigation discovered 4 ladies obtained “nearly $15 million” over 16 years to handle misconduct allegations, per NBC. Nonetheless, Vince was allowed to regain “management over…affairs” within the firm.
CEO Ari Emmanuel has assured that they’re actively addressing the extreme allegations internally whereas coping with McMahon’s abrupt exit.
“Mr. McMahon doesn’t management TKO nor does he oversee the day-to-day operations of WWE,” he stated, in accordance Deadline. “Whereas this matter pre-dates our TKO government workforce’s tenure on the firm, we take Ms. Grant’s horrific allegations very significantly and are addressing this matter internally.”
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