Another Law Firm Is Now Investigating WWE

WWE logo over stocks chart

The bad news for WWE continues to pile on as another legal investigation is kicking off.

The Wall Street Journal recently revealed that the long-time WWE head honcho Vince McMahon paid off several former female employees. The money in question was given in exchange for their silence on purported wrongdoing from McMahon himself as well as John Laurinaitis.

Laurinaitis enjoyed a long and highly controversial run working in talent relations from 2004 to 2012. After a lengthy period as a road agent, he became Head of Talent Relations in 2021. These recent scandals have left the polarising, former on-air authority figure on administrative leave.

The latest law firm to launch an investigation into WWE corporate wrongdoing is Kaskela Law. Based in Philadelphia, Kaskela Law focuses primarily on issues such as securities fraud and corporate governance.

In the case of WWE, Kaskela Law will reportedly be investigating if any securities laws of fiduciary securities for shareholders have been broken.

For Vince McMahon and co., the house of cards began to collapse in April. A mysterious email to the WWE’s Board of Directors alleged McMahon had paid a former employee $3 million for a non-disclosure agreement.

From there, more and more shocking info has been brought to light with The Wall Street Journal further revealing over $12 million has been paid to keep former female employees silent.

While McMahon has stepped aside and allowed his daughter Stephanie to take over as interim CEO, he remains a prominent presence backstage and on screen.

In recent weeks, McMahon has appeared on both Raw and SmackDown, cutting simple promos on the shows themselves as well as John Cena’s 20th anniversary as a WWE Superstar.

The consequences of these investigations remain to be seen but the company has thus far avoided any class action suits.