Vince McMahon Settles SEC Charges

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Former WWE boss Vince McMahon

CNBC

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Former WWE boss Vince McMahon resolves SEC charges over undisclosed settlements

Summary

Nutrition label

81% Informative

Former WWE boss Vince McMahon agreed to pay a $ 400,000 civil penalty and reimburse the pro wrestling company $1.33 million .

He violated the Securities Exchange Act , the SEC said.

McMahon 's failure to inform WWE 's board, legal department, accountants or auditor of the settlements "circumvented WWE 's system of internal accounting controls," the SEC says.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful