TKO Govt Chairman of the Board Vince McMahon is seen throughout a ceremony saying Dwayne “The Rock” Johnson has joined the Board of Administrators for TKO at New York Inventory Alternate on January 23, 2024 in New York Metropolis.
Michelle Farsi | UFC | Getty Photos
The co-defendant within the bombshell lawsuit accusing former WWE boss Vince McMahon of sexual abuse and intercourse trafficking has agreed to cooperate with and provides proof to the girl suing the professional wrestling mogul and WWE.
The co-defendant, John Laurinaitis, additionally reached a confidential settlement with McMahon’s accuser, Janel Grant, based on a press release issued by their representatives on Wednesday. Laurinaitis is a former wrestler and ex-WWE government.
A submitting Wednesday in U.S. District Court docket in Connecticut reveals that legal professionals for Grant and Laurinaitis agreed to dismiss her lawsuit towards because it applies to him with prejudice, which implies that it can’t be refiled.
“John Laurinaitis has agreed to cooperate and supply proof in Janel Grant’s lawsuit towards Vince McMahon and WWE,” the reps stated within the assertion obtained by NBC Information.
“His settlement to a confidential settlement is a pivotal subsequent step towards holding McMahon and WWE accountable and bringing justice to Ms. Grant after years of sexual abuse and trafficking,” the reps stated.
“Mr. Laurinaitis appears to be like ahead to transferring on along with his life. We can not present any further particulars presently.”
CNBC has requested remark from attorneys for McMahon and WWE.
Grant’s settlement with Laurinaitis comes three weeks after she filed an amended civil grievance towards him, McMahon, and WWE.
McMahon resigned as the chief chairman of the board of TKO Group Holdings — WWE’s mother or father firm — in January 2024 after Grant filed her lawsuit.
In January 2025, McMahon agreed to settle administrative prices filed by the Securities and Alternate Fee alleging he violated federal securities legal guidelines by failing to tell WWE’s board of administrators that he had signed non-disclosure agreements with two girls whom he promised to pay $10.5 million to maintain quiet about his sexual conduct. McMahon agreed to pay a $400,000 civil penalty in that case, and reimburse the WWE $1.3 million after consenting to an order discovering he violated a securities regulation.
McMahon’s spouse, former WWE government Linda McMahon, is at present serving as secretary of the U.S. Training Division below the couple’s buddy, President Donald Trump.
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