Vince McMahon has been WWE Chairman since 1982 when he bought WWE from his father Vince Sr and his partners. McMahon saw quite a few changes in his company over the last few decades on top of that. All through that, the WWE Chairman continued to adapt to the changing times.
However, many fans now feel that he is out of touch and simply has no idea what is good for a WWE Superstar and their growth. The WWE Chairman is larger than life in many ways and he also has his own oddities and problems as well. He also threatened a WWE star in a recent gym video. Vince McMahon has been accused of an affair.
Two additional law firms have joined the search, according to Brandon Thurston of Wrestlenomics.
Pomerantz Law Firm and Moore Kuehn, PLLC are the latest to start an investigation into a potential suit against WWE. Value of WWE stock significantly dropped the day after the news about Vince McMahon broke. The belief is that a failure to have disclosed information that was known before it became public cost a lot of people big bucks.
Vince McMahon has stepped down as CEO of WWE while the investigation is ongoing. His daughter, Stephanie McMahon, has since been moved into his position on an interim basis. McMahon is still in charge of creative for the company.
As of now, no formal lawsuits have been filed.