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>A shareholder lawsuit in Delaware Chancery Court is targeting Vince McMahon, current WWE executives Nick Khan and Paul “Triple H” Levesque, and former board members George Barrios and Michelle Wilson.
>The plaintiffs claim the merger of WWE and UFC under Endeavor in 2023 was predetermined
>The lawsuit raises serious questions about whether WWE’s board members fulfilled their duty to act in shareholders’ best interests. If the merger was prearranged to favor McMahon’s interests rather than maximize value, that could be a breach of fiduciary duty.
>Other parties being deposed include executives at Liberty Media and KKR (private equity) entities that may have had interest in bidding or being involved in WWE’s ownership.
>Subpoenas to close aides (McMahon’s assistants) and high-level executives show the plaintiffs are digging deep seeking internal communications that might reveal the real motivations behind the deal.
https://wrestlenomics.com/articles/2025/john-laurinaitis-deposed-vince-mcmahons-assistants-subpoenaed-in-shareholder-lawsuit/
>The plaintiffs claim the merger of WWE and UFC under Endeavor in 2023 was predetermined
>The lawsuit raises serious questions about whether WWE’s board members fulfilled their duty to act in shareholders’ best interests. If the merger was prearranged to favor McMahon’s interests rather than maximize value, that could be a breach of fiduciary duty.
>Other parties being deposed include executives at Liberty Media and KKR (private equity) entities that may have had interest in bidding or being involved in WWE’s ownership.
>Subpoenas to close aides (McMahon’s assistants) and high-level executives show the plaintiffs are digging deep seeking internal communications that might reveal the real motivations behind the deal.
https://wrestlenomics.com/articles/2025/john-laurinaitis-deposed-vince-mcmahons-assistants-subpoenaed-in-shareholder-lawsuit/
