World Wrestling Entertainment Inc. (NYSE: WWE ) CEO Vince McMahon agreed to pay more than $12 million to four women in an effort to keep allegations of sexual misconduct and infidelity a secret.
That's according to the Wall Street Journal (WSJ), citing unnamed sources and documents. The report is a follow-up to the WSJ's June 15 article in which it was revealed that WWE was conducting an internal corporate investigation regarding a $3-million payment to one former female employee with whom McMahon, 76, allegedly had an affair.
The payout agreements took place over the course of 16 years. The women are all formerly affiliated with WWE.
Here's a breakdown of the latest allegations:
McMahon allegedly demoted a former wrestler after she ... Full story available on Benzinga.com