Vince McMahon was the CEO of WWE before he had to step down following allegations of sexual misconduct and allegedly having paid $12 million in hush money in a huge scandal. He eventually retired from WWE for good and was replaced by his daughter Stephanie McMahon as the CEO of WWE. His son-in-law Triple H is now the Executive Vice President of Talent and Relations as well. Vince McMahon also lied about quitting WWE recently but ended up being real in the end.
Vince McMahon is planning to return to WWE with two former co-Presidents of the country, and he’ll be adding them to the board. McMahon intends to sell WWE. Stephanie McMahon resigned from WWE on Tuesday.
You also may have seen the news this past week about Vince McMahon forcing his way back onto the board, along with a major board shakeup. As a result, we believe there is enough of a basis to bring a breach of a fiduciary lawsuit. We hope to file a complaint against McMahon and possibly other directors/officers for breaching their duties to WWE and its shareholders. We should have a draft for you to review in the next couple of days.
It will also require a signature on a one-page verification which we will also send. In the meantime, do you have a phone number we could use in case we need to contact you that way? Please let me know if you have any questions about anything.
