Given the aggressive, and controversial, nature in which Vince McMahon reassumed control of WWE over the past week and a half, the idea that lawsuits would be filed against him was all but a certainty. Before this morning, McMahon had one lawsuit to deal with, from a shareholder in Delaware, and the likelihood of an… Read More Vince McMahon Sued By Detroit’s Police And Fire Retirement System
Two lawsuits have been filed against Vince McMahon following his return to the WWE Board Of Directors because he has returned to the company. McMahon will not be beholden to stockholders moving forward, as a new SEC filing noted how McMahon would no longer need stockholder approval for his actions in the company as he reportedly attempts… Read More Vince McMahon’s Actions In WWE No Longer Need Stockholder Approval
Earlier this week, Stephanie McMahon resigned from WWE, just days after her father, Vince, had returned to the company. Reportedly, the two did not work great together. Vince made his WWE return by bringing two new Board Of Directors members with him and removing three from the WWE Board. This was done to make room… Read More Vince McMahon & Stephanie McMahon Had Issues Working Together In WWE
It was revealed in an SEC filing on Wednesday, the reason for Ignace Lahoud and Man Jit Singh resigning from the WWE Board of Director is they both disagreed with the return of Vince McMahon. “While Messrs. Lahoud and Singh agreed with the Board’s decision to explore the Company’s strategic alternatives, they did not agree with Mr.… Read More Reason Two WWE Board Members Resigned; WWE Shareholder Files A Lawsuit Against Vince McMahon
The news about Vince McMahon’s return is a huge story for the wrestling business and it’s anyone’s guess what this means for WWE’s future. What is known for sure is that there’s a lot of people in the company who are shocked at the recent events. PWInsider reported today that his return “pretty much shocked everyone we have… Read More Some People In WWE ‘Want Out’ If Vince McMahon Is Back
As previously reported, Vince McMahon has officially returned to the WWE board of directors, adding George Barrios and Michelle Wilson as well. He announced that he was coming back to oversee media rights negotiations and any potential sale of the company. PWInsider reports that there will be an employee meeting this afternoon which is being described as… Read More WWE Holding Important Employee Meeting Later This Afternoon
WWE has told their employees that there will be an “all hands on deck” meeting at 3:30 pm. This appears to be about Vince McMahon‘s return to the WWE Board of Directors. WWE co-CEO Stephanie McMahon sent an email to all employees, attaching the latest WWE press release, and noted: “Today, WWE announced the return… Read More Read Stephanie McMahon’s Email That She Sent To WWE Employees About Vince McMahon’s Return
McMahon initially stepped down as CEO after an investigation found that he had paid nearly $15 million to four women over 16 years to quiet claims of sexual misconduct. World Wrestling Entertainment confirmed on Friday that former CEO and majority shareholder Vince McMahon will be reinstated to the company’s board. The company’s stock spiked 20% on the news… Read More WWE Confirms Vince McMahon Is Rejoining The Board, Stock Spikes
Vince McMahon wants to come back to the WWE, but it doesn’t seem like that feeling is mutual. Today’s article from the Wall Street Journal has been covered on this site elsewhere, but to recap: Vince McMahon has told those close to him that he’s considered making a WWE comeback, and got poor advice to retire. There… Read More Internal WWE Reactions To The WSJ Article, Vince Wanting To Come Back
The story around Vince McMahon’s hush money scandal continues to get stranger. Allegations that McMahon had made such payments began when the Wall Street Journal posted their exposee on July 8th. The allegations and consequent investigation by the SEC and federal prosecutors effectively forced Vince McMahon to retire from his role as WWE’s CEO. Now McMahon… Read More WWE Uncovers Another $5 Million In Payments From Vince McMahon
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