TKO’s latest earnings report wasn’t just about billions in revenue and raised financial guidance. Hidden inside the filing was a fresh update on Vince McMahon’s legal battles—and it confirms one of WWE’s biggest lawsuits has officially moved behind closed doors.
After the public courtroom fight between McMahon, WWE and former employee Janel Grant came to an end last month, TKO used its latest SEC filing to officially acknowledge the next chapter. According to the company, Grant agreed to take her claims to private arbitration on July 20, before voluntarily dismissing her federal lawsuit four days later.
“On July 20, 2026, the parties executed an agreement under which the former employee agreed to submit her claims to arbitration. On July 24, 2026, consistent with that agreement, the former employee filed a stipulation of voluntary dismissal with prejudice of her federal lawsuit.”
TKO also reminded investors that former WWE executive John Laurinaitis had already been dismissed from the case with prejudice in May 2025. The filing didn’t stop there. The company also addressed the investigation that ultimately led to McMahon walking away from WWE and TKO, writing:
“The Special Committee investigation is complete and, in January 2024, Mr. McMahon resigned from his position as Executive Chair and member of the Company’s board of directors, as well as other positions, employment and otherwise, at TKO and its subsidiaries. No charges have been brought against the Company.”
Another lawsuit involving McMahon also remains active. TKO confirmed that the Maryland case filed by multiple anonymous plaintiffs continues to move through the courts, with both sides recently filing another round of legal briefs after the state’s Attorney General became involved in the constitutional issues surrounding the lawsuit.
Meanwhile, TKO revealed another legal headache is close to disappearing. The company confirmed the shareholder lawsuit tied to WWE’s merger into TKO has reached an agreement in principle, canceling the scheduled trial before it ever got underway.
According to the filing, WWE expects to contribute $105 million toward the settlement, although insurance is expected to cover $75 million, leaving the company with an estimated $30 million loss. The settlement still requires court approval before it becomes official.
The courtroom drama surrounding Vince McMahon may no longer be playing out in public, but TKO’s latest filing makes one thing clear: the legal story is far from finished. Some cases are heading behind closed doors, others are still moving through the courts, and WWE continues dealing with the fallout more than two years after everything first exploded.
What do you think about TKO’s latest legal update involving Vince McMahon? Let us know in the comments below.
