Vince McMahon, the co-founder and former CEO of WWE, has been charged by the U.S. Securities and Exchange Commission (SEC) for violating federal securities laws by failing to disclose two settlement agreements totaling $10.5 million.

Vince McMahon, the former chief executive officer of World Wrestling Entertainment Inc., hid hush-money settlements he negotiated with a former employee and company contractor, leading to incorrect financial statements in 2018 and 2021,

"The case is closed," McMahon said. "In the end, there was never anything more to this than minor accounting errors with regard to some personal payments that I made several years