Former WWE CEO Vince McMahon, Securities and Exchange Commission reach settlement after lengthy probe

Vince McMahon, who co-founded and previously served as the CEO of WWE, and the Securities and Exchange Commission (SEC) have reached a settlement following a yearslong probe over undisclosed settlements.

The federal investigation was launched to determine whether McMahon disclosed to the company's board and others that he signed two settlement agreements worth more than $10 million with two women in order for them not to reveal potential claims against himself and WWE.

The SEC said McMahon...