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Message: [QUOTE="jncuse, post: 4523927, member: 1969"] I would love to see some new harassment lawsuits (that he is unable to settle out of court) come forward make it into the public eye before WWE goes private. Vince has been very careful, and lucky, that he has been able to settle these outside of the company. That being said, I'm not a lawyer, but this lawsuit above seems bound to be tossed pretty quickly. Vince being involved at the board level for a potential sale is arguably in best interests of the company for shareholders as discussed in 3) below. 1) As a preparer of corporate 10-K documents in the past, my first thought was this is a basic risk factor that has to be accepted by a shareholder of WWE, or any company with a preferred share structure which gives dominant voting rights to prior owners before the go-public transaction. If you own shares in the WWE, you have to know that Vince has the power to push his way to get many things done himself if he wants. And when he does you can't really whine about i. [ATTACH type="full" alt="1673486550449.png"]224082[/ATTACH] 2) Article states the following "According to the proposed class action, McMahon timed his return to seize control of upcoming negotiations over the company’s expiring media rights, the “lifeblood” of the business, and forced his way back by leveraging a threat to withhold support for any deal reached without his participation" It is true that a media deal would typically only be approved by a board vote (and hence a shareholder who is not a board member would have no say). However, in this case the WWE was careful to disclose that Vince's return was to evaluate content agreements that are tied into analyzing potential share transactions (which shareholders do vote on). And given the prevalence of media / entertainment platform corporations outright buying companies that provided content, and the fact that some content deals are such a huge % of WWE revenue, I can't see any judge saying this was not a reasonable move by the WWE. 3) Finally there has to be damages. Hard to assert what damages have been caused by this as the potential sale has surged the stock price. Also as noted above, worst thing for the company would have been making a large media content deal that is tied into a sale, and then having Vince turn down the sale agreement as the majority shareholder which he is fully entitled to do. Its in the best interests of shareholders for Vince to be part of this final transaction at the board level. (Just stay the hell away from creative and active operations please) [/QUOTE]

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