NEW YORK, Aug. 01, 2022 (GLOBE NEWSWIRE) — Do you own shares of World Wrestling Entertainment common stock? If so, go to World Wrestling Entertainment, Inc. Shareholder Investigation or contact Pierre Allocco at (212) 951-2030 or [email protected] to discuss your rights.
New York, New York – Bernstein Liebhard LLP, a nationally recognized investor rights law firm, is investigating whether members of the Board of Directors (the “Board”) of World Wrestling Entertainment, Inc. ( “WWE” or the “Company”) (NYSE: WWE) breached their fiduciary duties in connection with alleged sexual misconduct by former WWE Chairman and CEO Vincent McMahon. McMahon temporarily stepped down as CEO and Chairman of WWE in mid-June amid an investigation into the alleged misconduct. The the wall street journal reported that McMahon had agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity. McMahon resigned from the company on July 22, 2022 and is under investigation by the board.
If you own WWE common stock and want to discuss your legal rights and options please visit World Wrestling Entertainment, Inc. Shareholder Survey or contact Pierre Allocco at (212) 951-2030 or [email protected]
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the firm has been retained by some of the nation’s largest public and private pension funds to oversee their assets and bring lawsuits on their behalf. Following its success in hundreds of lawsuits and class actions, the firm has been named to the National Law Journal’s “plaintiffs list” thirteen times and listed in The Legal 500 for ten consecutive years.
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