Vince McMahon has settled a rape allegation made against him by former WWE referee Rita Chatterton.
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Chatterton had demanded $11.75 million from McMahon in a letter in November.
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The Wall Street Journal reports that the accusations were settled for less than that, but for an undisclosed sum worth “multimillion dollars.”
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McMahon’s longtime lawyer Jerry McDevitt told the outlet, “Mr. McMahon denies and always has denied raping Ms. Chatterton.
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Vince McMahon settled the case solely to avoid the cost of litigation.
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Chatterton’s allegations against McMahon were first made in 1992 when she said in TV interviews that he raped her in the back of his limousine.
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McMahon sued her in 1993, claiming that she was urged to accuse him of sexual assault by a wrestler with an “axe to grind” but later withdrew the suit.
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McMahon “retired” from WWE in July, but came storming back to the company earlier this month as executive chairman.
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McMahon stated that he was returning to the company to evaluate “strategic alternatives,” including a potential sale of the business.
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