WWE Investigated By Second Law Firm

Adding to WWE’s woes as its Board of Directors investigates Vince McMahon, it has emerged that a second law firm is now investigating the company.

On June 15th, the Wall Street Journal broke the news that WWE’s Board has been investigating claims that Vince McMahon made a seven-figure payment to a former employee who joined the company as a paralegal in 2019. The company has stated that the alleged relationship between the WWE Chairman and the unnamed employee was consensual and that McMahon is co-operating with the investigation.

The Journal’s also revealed that the internal investigation has unearthed older non-disclosure agreements surrounding claims of misconduct made by former female WWE employees that implicate both McMahon and the company’s Head of Talent Relations, John Laurinaitis.

In the wake of these allegations, the law firm Scott+Scott announced it was launching an investigation into members of the company’s management to determine if they’ve breached their duties to the company and its shareholders.

Now, a second legal firm has entered the fray, with Business Wire reporting that The Schall Law Firm is investigating claims o behalf of WWE investors.

“The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of World Wrestling Entertainment, Inc.”

Specifically, the firm is investigating “whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors” in relation to the article published by the Wall Street Journal and the claims made against McMahon.

The Schall Law Firm is actively seeking WWE investors who have suffered losses of $100,000 to contact them in relation to their investigation.