TKO-Holdings Issues Statement on Lawsuit Filed Against WWE, Vince McMahon, and John Laurinatis

1/26/2024 12:36 AM

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TKO-Holdings Issues Statement on Lawsuit Filed Against WWE, Vince McMahon, and John Laurinatis

TKO-Holdings Issues Statement on Lawsuit Filed Against WWE, Vince McMahon, and John Laurinatis

January 26, 2024 12:36 AM
TKO-Holdings Issues Statement on Lawsuit Filed Against WWE, Vince McMahon, and John Laurinatis
WWE News

What Did TKO-Holdings Say?

TKO-Holdings issues a statement on the recent lawsuit filed against the WWE, Vince McMahon, and John Laurinatis. TKO released the following statement about the sex trafficking lawsuit filed by Janel Grant.

“Mr. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE. While this matter predates our TKO executive team’s tenure at the company, we take Ms. Grant’s horrific allegations very seriously and are addressing this matter internally.”

H/T Ringside News

Here is an excerpt on the lawsuit from The Wall Street Journal: 

Janel Grant, a former employee at the wrestling firm’s headquarters, said in a lawsuit filed Thursday that she was abused and sexually exploited by McMahon while he was chief executive. She alleged that McMahon lured her with promises of career advancement, and then he allegedly exploited her and trafficked her to other men inside the company.

The complaint filed against McMahon, Laurinatis, and the WWE contains detailed allegations. The complainant alleges that McMahon and Laurinatis engaged in coercive behavior, including physical and sexual assault, resulting in physical and emotional damage to Ms. Grant. In addition, the complaint alleges that some WWE executives and employees were aware of the behavior directed at Ms. Grant and did nothing to remedy the situation.

According to The Wall Street Journal:

Grant signed a nondisclosure agreement in 2022 in which McMahon agreed to pay $3 million for her to not discuss their relationship or to disparage him. The WWE received an anonymous tip in 2022 about the relationship and started a board investigation, which uncovered other payments by the CEO to women. Grant’s lawsuit said McMahon stopped making payments under the 2022 deal after the initial $1 million installment. The suit seeks to void the agreement and unspecified financial damages.

H/T Wall Street Journal

WrestleLamia continues to monitor this story and will have updates at our website and WrestleLamia's YouTube channel.

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