Former WWE chairman Vince McMahon sells stake worth $412m in TKO amid sex trafficking lawsuit

Former WWE chairman Vince McMahon has made a substantial move by selling a sizable chunk of his stock in the organization in the midst of an ongoing sex trafficking lawsuit. As reported by TMZ, McMahon sold 5,350,000 shares, accounting for nearly 25 percent of his stock in TKO, for a total value of $411.95 million.