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Vince McMahon Sued by WWE Shareholder over Return to Company, Changes to Board, More

Vince McMahon Sued by WWE Shareholder over Return to Company, Changes to Board, More thumbnail

EAST RUTHERFORD, NJ - FEBRUARY 16: Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. (Photo by Michael N. Todaro/Getty Images)

Michael N. Todaro/Getty Images

At least one WWE shareholder isn’t happy with Vince McMahon’s return to the company.

Per Mike Leonard of Bloomberg Law, a class action lawsuit filed against McMahon in the state of Delaware accuses him of illegally using his majority voting control to oust three board members and replace them with people loyal to him and push through changes that would “impose his will on the board and WWE.”

Moonlight Graham @ReeceKelleyG

A class action lawsuit has been launched against Vince McMahon.

A shareholder is suing McMahon in Delaware, accusing him of wielding his ~81% voting control to impose his will on $WWE illegally. Cites board changes, threats to interfere w/ media rights.https://t.co/AN8ApJMuOK pic.twitter.com/cKhkG8WCDg


This article will be updated soon to provide more information and analysis.

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