A third law firm announces investigation into WWE

June 21, 2022

Labaton Sucharow, a nationally ranked and award-winning shareholder rights law firm, announced today via a press release that they are investigating WWE for violations of the securities laws on behalf of WWE investors.

Shareholders who have suffered a loss have been asked if they want to participate in a class-action lawsuit and to contact the law firm.

Scott+Scott Attorneys at Law LLP announced last week they are investigating if WWE directors and officers breached their fiduciary duties in addition to wanting to hear from shareholders who suffered damages because of a possible breach. On Monday, the Schall Law Firm announced a similar investigation.

The firms have referred to the Wall Street Journal report from last week regarding Vince McMahon, who is being investigated by WWE’s board for making a $3 million settlement to a former employee over an alleged sexual relationship.

The board is also looking into the misconduct allegations against McMahon and John Laurinaitis.

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Andrew Ravens

Andrew Ravens is a reporter for WrestlingNews.co, where he covers the latest happenings in the world of professional wrestling. Based in Tulsa, Oklahoma, his main focus is reporting on day-to-day wrestling news, with a special emphasis on covering WWE and AEW. Having covered the industry since 2013, Andrew has developed an extensive knowledge of pro wrestling. His work involves more than just standard news updates; he also serves as a beat writer, providing in-depth and ongoing coverage of wrestling companies and its storylines. His skill set includes providing detailed play-by-play coverage for major events, ensuring fans who can't watch live still get a feel for the action. He also handles transcription, accurately converting interviews and media scrums for readers. As a dedicated reporter, Andrew frequently attends major wrestling events to cover them live, including WWE's Monday Night Raw and SmackDown, as well as AEW Dynamite. You can get in touch with Andrew for news tips or correspondence by emailing him at ravenstarmedia21@gmail.com.

A third law firm announces investigation into WWE

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