Vince McMahon has resigned from his positions at TKO and WWE, according to The Hollywood Reporter. The news comes after a former employee filed a federal lawsuit against McMahon earlier this week accusing him of sexual misconduct and trafficking. McMahon “tendered his resignation from his positions as TKO Executive Chairman and on the TKO Board of Directors. He will no longer have a role with TKO Group Holdings or WWE,” WWE president Nick Khan was quoted saying in an email to staff.
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