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After the scandal involving Vince McMahon and John Laurinaitis who are under investigation for buying the silence of an employee who allegedly had an affair with the Chairman, here comes another bombshell about another investigation that is hitting the WWE.
Scott & Scott Attorneys at Law have released a press release announcing that the law firm will investigate any WWE directors and officers who have breached their fiduciary duties to the company and its shareholders.
A difficult time for WWE
Here is the press release from Scott & Scott: “WORLD WRESTLING ENTERTAINMENT, INC.
INVESTIGATION ALERT: Scott + Scott Attorneys at Law LLP Investigate WWE Directors and Officers for Breach of Fiduciary Duties - WWE. NEW YORK- (BUSINESS WIRE) -Scott + Scott Attorneys at Law LLP ("Scott + Scott"), a national securities litigation and consumer rights firm, is investigating whether certain directors and officers of World Wrestling Entertainment, Inc.
(" WWE ") (NYSE: WWE) violated their fiduciary duties to WWE and its shareholders. If you are a WWE shareholder, you are encouraged to contact attorney Joe Pettigrew for more information at (844) 818-6982, or [email protected]
Scott + Scott is investigating whether WWE board members or senior management have failed to manage WWE in an acceptable manner, in violation of their fiduciary duties to WWE, and whether WWE and its shareholders have suffered harm as a result.
On June 15, 2022, the Wall Street Journal reported that the WWE board was investigating an alleged $ 3 million deal that CEO Vince Mcmahon agreed to pay in January 2022 to a former WWE employee with whom he allegedly had a deal.
relation. What can you do? If you are a WWE shareholder, you can have legal action against WWE directors and officers. If you would like to discuss this investigation, or have any questions about this notice or your legal rights, please contact Attorney Joe Pettigrew at (844) 818-6982 or [email protected]"