Vince McMahon Served With Federal Grand Jury Subpoena

WWE has confirmed Vince McMahon has been served by law enforcement agents.

As part of WWE’s second quarter 2023 financial filings to the Securities and Exchange Commission, the company has confirmed that “On July 17, 2023, federal law enforcement agents executed a search warrant and served a federal grand jury subpoena on Mr. McMahon. No charges have been brought in these investigations.”

It remains to be seen if charges will come at a later date in relation to the subpoena. It is also noted that “The Company has received voluntary and compulsory legal demands for documents, including from federal law enforcement and regulatory agencies, concerning the investigation and related subject matters.”

Later in the filing it also confirms that McMahon is currently on medical leave from the company following “major spinal surgery.” It is noted that McMahon is on leave until further notice but maintains his role as Executive Chairman during this time.

What else did WWE’s latest filing say about Vince McMahon?

The financial statement confirmed that Vince McMahon has now repaid over $17 million in relation to an investigation into him by a Special Committee formed by the Board of Directors over alleged sexual misconduct and hush money payments made to ex-employees.

That investigation is now complete but the financial report noted that “related government investigations remain ongoing.”

The filings paint a positive picture on the whole for WWE with the company boasting record-setting revenue once again as it prepares to finalise a takeover by Endeavor in the second half of 2023.