McMahon resigns from WWE parent TKO after sex assault claim

WWE co-founder Vince McMahon resigned on Friday from his role as executive chairman of TKO, the parent group of the pro wrestling juggernaut, after a lawsuit accusing him of sexual misconduct.

Former World Wrestling Entertainment employee Janel Grant sued the company, McMahon and former head of talent relations John Laurinaitis, alleging sexual assault, trafficking and emotional abuse.