world wrestling entertainment inc said it wrapped up an internal probe into improper accounting and that its exceo vince mcmahon will pay back 196 million in unrecorded expenses shares of wwe rose 24 after the company also beat wall street’s earnings target while the company is now done with its investigation of mcmahon it may still face repercussions from regulators “the company has received and may receive in the future regulatory investigative and enforcement inquiries subpoenas or demands arising from related to or in connection with these matters” the company said in a filing for now however the company’s special committee investigation is substantially complete “the company has determined that while the amount of unrecorded expenses was not material in any individual period in which the unrecorded expenses arose the aggregate amount of unrecorded expenses would be material if recorded entirely in the second quarter of 2022” the company said on the earnings front wwe said its secondquarter net income rose to 49 million or 58 cents a share from 292 million or 34 cents a share in the yearago quarter revenue grew to 3282 million from 2656 million in the yearago period analysts were expecting earnings of 57 cents a share and revenue of 3244 million according to a factset survey wwe said it’s revising its previously issued financial statements to record the unrecorded expenses for the years ended 2019 2020 and 2021 as well as the first quarter of 2021 and 2022 mcmahon retired as ceo and chairman of wwe after reports by the wall street journal of payouts to women who had alleged infidelity and sexual misconduct mcmahon is still a stockholder and owns a controlling interest in the company fresh federal probes into the infidelity allegations sparked the retirement of mcmahon the newspaper has reported citing people familiar with the matter