Vince McMahon Faces New Lawsuit Following Return to WWE Board

Vince McMahon went back to WWE’s Board of Directors last month to perform a sale of his billion-dollar business and work out brand-new tv offers. Vince’s return triggered his child Stephanie McMahon to resign from WWE, leaving Nick Khan as the sole CEO of the juggernaut wrestling promo.

Throughout January, Vince has actually been taken legal action against several times by several people and entities over his go back to WWE’s Board.

Bloomberg now reports that on January 26th, investor Dennis Palkon submitted a brand-new suit versus WWE in Delaware Chancery Court.

The claim looks for WWE’s internal files to introduce an examination into the claims that Mr. McMahon “raped and sexually attacked workers and professionals over years” and paid countless dollars in hush cash to silence those claims. The claim more states “There are severe concerns about how Vince McMahon gotten and provided those funds to his victims” and recommends that McMahon restoring himself as Executive Chairman of WWE’s Board showed a “ostentatious neglect for standard business governance standards.”

According to the claim, if the info offered shows McMahon guilty of breaching his fiduciary duties, “the complainant means to accomplish what the board wished to, however might not due to Vince McMahon’s thuggery [and start procedures] to bar Vince McMahon from ever serving on the WWE board once again.”

WWE has actually been handling 3 other suits over McMahon’s return this previous month.

You can stay up to date with all your wrestling news right here on eWrestlingNews.com. Or, you can follow us over on our Twitter and Facebook pages.

The post Vince McMahon Faces New Lawsuit Following Return to WWE Board appeared initially on eWrestlingNews.com.