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Vince McMahon, co-founder of WWE, has resigned from his roles as TKO Executive Chairman and from the TKO Board of Directors following a lawsuit accusing him of sexual misconduct. In the lawsuit, Janel Grant, a former employee, alleges that McMahon forced her into a sexual relationship in exchange for her job and distributed explicit photos and videos of her. McMahon denies the allegations and plans to defend himself. Resigning out of respect for the company and its stakeholders, McMahon steps down as WWE faces this controversy.
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