- The Securities and Exchange Commission charged former WWE boss Vince McMahon with failing to inform his pro wrestling company’s board of settlement agreements totaling $10.5 million with two women on behalf of himself and the WWE.
- McMahon has agreed to settle the administrative charges and agreed to pay a $400,000 civil penalty and reimburse the WWE $1.33 million, the SEC said.
- His wife Linda McMahon has been tapped to become Education secretary by President-elect Donald Trump.
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