NEW YORK, NY / ACCESSWIRE / May 5, 2020 / Pomerantz LLP announces that a class action lawsuit has been filed against World Wrestling Entertainment, Inc. ("WWE" or the "Company") (WWE) and certain of its officers. The class action, filed in United States District Court, for the Southern District of New York, and indexed under 20-cv-02223, is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired WWE securities between February 7, 2019, and February 5, 2020, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
Could World Wrestling Entertainment, Inc. (NYSE:WWE) be an attractive dividend share to own for the long haul...
The Law Offices of Frank R. Cruz reminds investors of the upcoming May 5, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired World Wrestling Entertainment, Inc. ("WWE" or "the Company") (NYSE: WWE) securities between February 7, 2019 and February 5, 2020, inclusive (the "Class Period").
NEW YORK, NY / ACCESSWIRE / May 5, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased ...
NEW YORK, NY / ACCESSWIRE / May 5, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders ...
World Wrestling Entertainment Inc. will no longer allow you to share your WWE subscriber login information with your buddies.
Los Angeles, California--(Newsfile Corp. - May 5, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against World Wrestling Entertainment, Inc. (NYSE: WWE) ("WWE" or "the Company") for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 7, 2019 and February 5, 2020, ...
NEW YORK, NY / ACCESSWIRE / May 4, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ...
WWE (WWE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, NY / ACCESSWIRE / May 5, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against World Wrestling Entertainment, Inc. ("WWE" or ...
Investors who purchased the Company's securities between February 7, 2019 and February 5, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before May 5, 2020. If you are a shareholder who suffered a loss, click here to participate.
World Wrestling Entertainment, Inc. (NYSE:WWE) today announced that for a second time it intends to convene and then immediately adjourn its scheduled May 14, 2020 Annual Meeting of Stockholders until June 11, 2020 due to Governor Lamont’s stay-at-home/stay-safe executive order for the State of Connecticut. Such date was chosen in order to conform with the Delaware General Corporation law relating to adjournments, however, the June meeting may again be adjourned to a later date. To ensure the health and safety of its employees, stockholders, and others who attend the Annual Meeting, the Company will continue to carefully monitor the situation as such date approaches. The record date will remain February 20, 2020. Stockholders should comply with applicable restrictions and not attend the Annual Meeting on May 14. The Company will keep its stockholders apprised of all updates relating to the annual meeting as they become available.
NEW YORK, NY / ACCESSWIRE / May 5, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested ...
Los Angeles, California--(Newsfile Corp. - May 4, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against World Wrestling Entertainment, Inc. (NYSE: WWE) ("WWE" or "the Company") for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 7, 2019 and ...
World Wrestling Entertainment, Inc. (NYSE: WWE) fans will get new details for the first time related to the darkest day in the company's history.The season finale of Vice's "Dark Side of the Ring" will focus on the death of former WWE performer Owen Hart, who fell nearly 80 feet to his death during a stunt at a 1999 pay-per-view event. Hart's widow Martha Hart will be prominently featured in the documentaryDark Side Of The RingThe "Dark Side of the Ring" series has been a huge success for producer Vice Media, especially given the absence of live sports. Vice Media is a privately held company, but Walt Disney Co (NYSE: DIS) holds a 16% ownership stake.Martha Hart has blamed WWE for Owen's death, accusing the company of hiring unqualified stunt professionals to rig the setup for a stunt in which Hart would be lowered to the ring from the rafters of the arena."Owen never questioned his safety. He thought for sure they were hiring people that knew what they were doing. He was putting his life in their hands, and they didn't care," Martha Hart said.Hart won $18 million in a wrongful death settlement with WWE in 2000.See Also: With Live Sports On Hold, ESPN And Fox Load Up On Pro WrestlingWWE RespondsIn a statement, WWE outside legal council Jerry McDevitt told CBS Sports the company told its side of the story in court during the wrongful death lawsuit and has prioritized understanding exactly what happened on the night of Hart's death."Martha was not even remotely interested in finding out what happened that night; she just wanted to use it as a vehicle to beat up a business that she didn't like that her husband was in, the wrestling business," McDevitt said.WWE was criticized at the time for resuming the pay-per-view event just 15 minutes after Hart's deadly fall.Martha Hart's animosity toward WWE has continued to this day, and she has refused to allow Hart to be inducted into the WWE Hall of Fame."There's nothing real or tangible. It's just an event they have to make money," she said of the WWE Hall of Fame."The Final Days of Owen Hart" will air at 10 p.m. ET on Tuesday night.WWE was months away from trading on the NYSE at the time of Hart's death. The stock now trades around $44 per share with a $3.4 billion market cap.Photo: 'The Final Days of Owen Hart (Trailer)See more from Benzinga * Wall Street Cheers WWE's Massive Round Of Wrestler Layoffs * WWE Could Still Have A Record Year In 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The season finale of Vice's "Dark Side of the Ring" airs on Tuesday and features the widow of former World Wrestling Entertainment, Inc. (NYSE: WWE) performer Owen, Hart, who tragically died in a 1999 stunt during a WWE pay-per-view event. Martha Hart blames WWE on Owen's death, and she doesn't pull any punches in speaking her mind about WWE, its CEO Vince McMahon, and even Owen's brother, former wrestler Bret "The Hitman" Hart.Martha Hart has accused WWE of hiring unqualified stunt professionals to rig the setup for a stunt in which Hart would be lowered to the ring from the rafters of the arena. Hart would fall roughly 80 feet to his death. After a 15-minute delay, WWE resumed the event.What Martha Hart Said About Vince McMahon Martha Hart said responsibility for the accident rises all the way to the top of the WWE."The fact that they didn't stop the show is just appalling. Vince McMahon was a poor leader, and he failed because that talent was looking for leadership and he failed them," Hart told CBS Sports.Martha Hart also accused McMahon of turning her own family against her when she filed a wrongful death lawsuit against WWE."Vince was manipulating Owen's family, which resulted in some of the family members working against me. The Hart family overall didn't support the lawsuit, but some worked against me," she said.See Also: Vice's Owen Hart Documentary Revisits WWE's Darkest Day Martha And Bret's RelationshipMartha said Owen's brother Bret was initially supportive during the lawsuit, but accused him of participating for selfish reasons."Bret was supportive throughout the lawsuit, but there were a few things that were a problem with Bret," she said. "First of all, when we were going through the lawsuit, he really was hoping that I would be able to help him get his wrestling footage."Martha Hart said Bret was hoping to gain control of his past WWE footage as part of Owen's settlement."When that didn't happen, he was very upset that he didn't get his footage," Martha said.Bret Hart told TheWrap he has no interest in more public mudslinging with Martha."I will say that our fallout is multifaceted. To say that it only involved being able to access and use my WWE footage and photos for future projects would merely be an oversimplification and inaccurate," Bret Hart said.WWE RespondsWWE lawyer Jerry McDevitt issued a statement to CBS Sports in response to Hart's allegations about the company and McMahon."We went to the mediation, and her lawyers were demanding $35 million and some admission of punitive damages. Vince told her right there, 'Look, Martha, I feel so bad for what happened. I feel responsible because this happened on my watch. I want to take care of you and your family, I loved Owen.' He was almost crying. We offered $17 million to take care of her. How many times does a CEO walk in a room and say he feels responsible? 'I'm not going to argue, I just feel responsible for what happened.' They turned it down; they wanted to go to court for their $35 million," McDevitt said.Martha used the settlement money to launch the Owen Hart Foundation.What's Next?In the end, Martha said she forgives everyone who was involved in the tragedy, but her forgiveness only goes so far."The Hart family, Vince McMahon, I don't hold any grudges. I hope life has been kind to all of them," she said.It's unlikely the Owen Hart documentary will move WWE's stock in any significant way given the tragedy happened 21 years ago. The only potential fallout for WWE will be if the details of the event tarnish the reputation of the company and its management.Do you agree with this take? Email feedback@benzinga.com with your thoughts.See more from Benzinga * Wall Street Cheers WWE's Massive Round Of Wrestler Layoffs * WWE Could Still Have A Record Year In 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Moore Kuehn, PLLC, a securities law firm located on Wall Street, is investigating potential claims involving directors and officers regarding possible breaches of fiduciary duties related to whether insiders caused their companies to make false and/or misleading statements and/or failed to disclose, among other things, that:
LOS ANGELES, CA / ACCESSWIRE / May 4, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against World Wrestling Entertainment, Inc. ("WWE" or "the Company") (NYSE:WWE) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 7, 2019 and February 5, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before May 5, 2020.
NEW YORK, NY / ACCESSWIRE / May 4, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased ...
New York, New York--(Newsfile Corp. - May 4, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in World Wrestling Entertainment, Inc. (NYSE: WWE) ("WWE" or the "Company") of the May 5, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi logoIf you invested in WWE stock or options between February 7, 2019 ...