Moore Kuehn, PLLC Encourages Investors of WWE to Contact Law Firm

New York, New York--(Newsfile Corp. - June 22, 2022) - Moore Kuehn, PLLC, a securities law firm located on Wall Street, is investigating whether certain officers and directors of Wrestling Entertainment Inc. (NYSE: WWE) breached their fiduciary duties to shareholders.

On June 15, 2022, The Wall Street Journal reported that WWE's Board of Directors was investigating "a secret $3 million settlement that longtime chief executive Vince McMahon agreed to pay to a departing employee with whom he allegedly had an affair." The article further reported that "the board's investigation, which began in April, has unearthed other, older nondisclosure agreements involving claims by former female WWE employees of misconduct by Mr. McMahon and one of his top executives, John Laurinaitis."

On June 17, 2022, the Company announced that Vincent McMahon "voluntarily stepped back from his responsibilities as CEO and Chairman of the Board until the conclusion of the investigation."

If you are a long-term WWE stockholder please contact Justin Kuehn, Esq. by email at jkuehn@moorekuehn.com or telephone at (212) 709-8245. There is no cost to you. Moore Kuehn is a New York-based law firm with attorneys representing investors and consumers. Please visit http://www.moorekuehn.com/practice/new-york-shareholder-derivative-litigation/.

Attorney advertising. Prior results do not guarantee similar outcomes.

Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/128603

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