Posted on 6/06/126 by Colin Vassallo
Bloomberg Law is reporting that the upcoming WWE
shareholders lawsuit has been taken off the schedule. It was
set to start on Monday, June 8.
An attorney for the shareholders, Greg Varallo of Bernstein
Litowitz Berger & Grossmann LLP, said late Friday afternoon
that the trial was no longer on the Delaware Chancery
Court’s calendar and declined to elaborate when asked for a
reason.
Vince McMahon, Nick Khan, Paul “Triple H” Levesque,
Stephanie McMahon, Ari Emanuel, and others were all
scheduled to testify in the case.
The lawsuit was seeking hundreds of millions in dollars in
damages after shareholders accused WWE of discarding other
potential bidders in favor of a deal with Endeavor which led
to the creation of TKO.