WWE chairman Vince McMahon was hit with a search warrant and federal grand jury subpoena, the company said in a filing to the SEC on Wednesday.
McMahon retired last year amid a sexual misconduct scandal. He came back to the company in January amid the possibility of a sale floating over the company’s head. He was later elected executive chairman.
His daughter, Stephanie McMahon, had taken over alongside Nick Khan as co-CEO when McMahon retired. Stephanie McMahon has since stepped down as chairwoman and co-CEO.merged into a multibillion-dollar sports entertainment company and formed a new publicly listed company called TKO Group Holdings.on Wednesday, the WWE filing said McMahon is also taking a medical leave as he recovers from spinal surgery.
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