Federal law enforcement agents executed a search warrant and served a federal grand jury subpoena to WWE Executive Chairman Vince McMahon last month, according to a regulatory filing. McMahon is also taking a medical leave from the sports entertainment company following recent spinal surgery.
"WWE has cooperated throughout and fully understands and respects the government's need for a complete process," the company said in a statement. The announcement of McMahon's surgery was made by CEO Nick Khan during the company's second-quarter earnings call on Wednesday. Revenue totaled $410.3 million, a quarterly record. That topped Wall Street's estimate of $398.5 million. Revenue from live events jumped 51% for the period ended June 30.
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