It would not surprise me at all if she's actually doing some behind-the-scenes skulduggery to try re-assert power.
-
Welcome to "The New" Wrestling Smarks Forum!
I see that you are not currently registered on our forum. It only takes a second, and you can even login with your Facebook! If you would like to register now, pease click here: Register
Once registered please introduce yourself in our introduction thread which can be found here: Introduction Board
Vince back on board, WWE sale coming soon / WWE funeral thread
- Thread starter Sky
- Start date
I'm thinking it isn't behind the scenes stuff, I think she's gonna get some investors together to make a bid for the company.
Wouldn't surprise me if the group that buys WWE has Stephanie McMahon as an owner and a new head of the company. Vince had to buy the company from his father I'd bet he'd want his kids to do the same.
That's what I meant, she's playing chess master and trying to either get Vince re-removed from the company, or she's going to outright buy out Vince.
Taking a page out her brother's handbook, i see
I don't see her doing nefarious things to do that. I just figure she's gonna be part of the new ownership group of the company.
Tbh, I'd do it if I were Steph
WWE is facing another lawsuit regarding Vince McMahon's return to the company.
An article in Bloomberg on Wednesday revealed that a fourth lawsuit concerning the 77-year-old's return has been filed. Investor Dennis Palkon is seeking to obtain documents relating to WWE's internal investigation into allegations McMahon “raped and sexually assaulted employees and contractors over the course of decades,” and paid $15 million in "hush-money" to cover it up.
“There are serious questions about how Vince McMahon obtained and delivered those funds to his victims,” the complaint reads.
The suit also alleges that McMahon showed “a flagrant disregard for basic corporate governance norms” when he re-appointed himself to the board on January 6, 2023.
"Vince McMahon removed three independent directors and re-appointed himself, as well as two of his longtime cronies,” the suit continues. “The apparent misconduct here is both myriad and extremely serious.”
The suit continues to state that the “plaintiff intends to achieve what the board wanted to, but could not in light of Vince McMahon’s thuggery,” by initiating proceedings “to bar Vince McMahon from ever serving on the WWE board again.”
Our own Dave Meltzer addressed the situation during the latest edition of Wrestling Observer Radio.
Meltzer said:
The law firm Bronstein, Gewirtz & Grossman also released a statement on Tuesday announcing they have launched an investigation into “whether WWE has violated federal securities laws."
An article in Bloomberg on Wednesday revealed that a fourth lawsuit concerning the 77-year-old's return has been filed. Investor Dennis Palkon is seeking to obtain documents relating to WWE's internal investigation into allegations McMahon “raped and sexually assaulted employees and contractors over the course of decades,” and paid $15 million in "hush-money" to cover it up.
“There are serious questions about how Vince McMahon obtained and delivered those funds to his victims,” the complaint reads.
The suit also alleges that McMahon showed “a flagrant disregard for basic corporate governance norms” when he re-appointed himself to the board on January 6, 2023.
"Vince McMahon removed three independent directors and re-appointed himself, as well as two of his longtime cronies,” the suit continues. “The apparent misconduct here is both myriad and extremely serious.”
The suit continues to state that the “plaintiff intends to achieve what the board wanted to, but could not in light of Vince McMahon’s thuggery,” by initiating proceedings “to bar Vince McMahon from ever serving on the WWE board again.”
Our own Dave Meltzer addressed the situation during the latest edition of Wrestling Observer Radio.
Meltzer said:
Meltzer also addressed two lawsuits alleging McMahon violated legal technicalities when he re-wrote the company's bylaws and threatened to not approve any new media rights deal if he was not brought back. While McMahon has since repealed the changes to the bylaws, plaintiffs are seeking a mootness fee for forcing his hand.
A third lawsuit was filed by a shareholder alleging McMahon breached his fiduciary duties by paying to cover up allegations against him.
The law firm Bronstein, Gewirtz & Grossman also released a statement on Tuesday announcing they have launched an investigation into “whether WWE has violated federal securities laws."
We all know that this will take years to complete even if it does get approved.
$9 Billion Dollars!? 
