Vince McMahon. Photo: George Koroneos/Shutterstock Vince McMahon Used Controlling Shareholder Role to Force Board to Reappoint Him, Complaint Says
The complaint said McMahon backed the board into a corner by stating he'd vote against approval of media rights contracts. Kirkland & Ellis is representing the legendary wrestling promoter.
January 12, 2023 at 01:25 PM
3 minute read
A WWE shareholder has filed a class action suit in the Delaware Court of Chancery, claiming Vince McMahon, who resigned last year, used his power as the wrestling media company's controlling shareholder to manipulate directors into reappointing him chairman of the board.
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