(Warning: This story contains explicit allegations of sexual misconduct.)
WWE founder Vince McMahon has resigned from his role as executive chairman of TKO Group Holdings, the parent company of the WWE and UFC, amid allegations of rape, assault and sex trafficking, according to Deadline.
McMahon was accused of the misconduct in a lawsuit filed in federal court on Thursday by former WWE employee Janel Grant. The 78-year-old was named as a defendant alongside the WWE and John Laurinaitis, its former head of talent relations.
In his statement announcing his resignation, McMahon again denied Grant's claims but said he was stepping down out of respect for his company.