WSJ News Exclusive | US investigation hastened McMahon’s retirement from WWE, say sources

World Wrestling Entertainment Inc. The new federal investigation into the hush-money scandal that engulfed the U.S. hastened the retirement of its chief executive, Vince McMahonAccording to people familiar with the matter.

The people said the Securities and Exchange Commission and federal prosecutors have launched an investigation into payments made by McMahon to settle sexual misconduct allegations. The media company said Monday that it has received “regulatory, investigative and enforcement inquiries, summons or demands” in relation to the multimillion-dollar hush-money settlement.