Five law firms have announced via press releases in the past week that they have launched investigations into the WWE over potentially violating federal security laws, engaging in unlawful business practices, breaching fiduciary duties and allegedly harming their investors by producing misleading information. The announcements all came days after The Wall Street Journal broke the news that the WWE Board of Directors was investigating Vince McMahon for allegedly paying millions of dollars to a former WWE employee to keep their affair from becoming public. McMahon’s legal representation has disputed the notion that he paid any money to the former employee upon their departure and the report stated McMahon paid $3 million out of his own pocket as part of a nondisclosure agreement. However, it was also noted that her salary was allegedly doubled when the affair began.
Actually there are 5 firms with press releases on Business Wire now.Scott+Scott: https://t.co/y7vwUFWCxqRosen Law Firm: https://t.co/qC0Qa7JbXlSchall Law Firm: https://t.co/CfqmmtEhSuBrager Eagel & Squire:https://t.co/ivVH2M0JohLabaton Sucharow:https://t.co/ejK1JZ9ckU