Vince McMahon has found himself shrouded in controversy after reports of an alleged $3 million backroom deal with a former employee emerged. As a result, he stepped down from his role as Chairman and CEO of WWE, with his daughter Stephanie McMahon taking the position in his absence.
Over the past few hours, new reports have surfaced, including those regarding recent investigations that are not limited to Mr. McMahon. Here, we take a look at some of the biggest Vince McMahon news and rumors you may have missed in the past twenty-four hours.
#3 WWE is currently under investigation by five law firms
Previous reports claimed there were internal investigations against Vince McMahon after he allegedly paid a former employee $3 million to cover up a deal. Latest reports claim that the WWE Board of Directors is also under investigation by four other law firms.
First, Schall Law Firm, a “national shareholder rights litigation firm,” confirmed it was investigating the company. Shortly after, Scott + Scott Attorneys at Law LLP, Rosen Law Firm, Bragar Eagel & Squire and Labaton Sucharow LLP confirmed via a recent press release that they had also opened investigations.
Scott+Scott lawyers said they were inspecting the board and senior management’s failure to run the company in an “acceptable” manner.
#2 Former WWE Writer Reacts To Vince McMahon’s Surprise Appearance On RAW
Although Vine McMahon’s appearance on SmackDown last week was confirmed in advance, his on-screen return to RAW came as a surprise. In his brief segment, Vince McMahon announced John Cena’s highly publicized return to the red brand next week.
Vince Russo wondered if Vince McMahon was hoping to capitalize on John Cena’s popularity in those times. He discussed the plausible intentions behind Sportskeeda Wrestling’s Legion of RAW decision and said:
“Bro, I have to say this, and I know we have to be careful, and I’m going to be very careful. I’m not going to piss anyone off, I’m going to be very, very careful,” Vince Russo clarified. “But I understood that we can only talk about the facts. That’s all I’m asking, seriously. Bro like, is he trying to mess with John Cena? Like, that’s the only thing that I took away from that. Is he actually trying to get a copy of John Cena? [laughs]. That’s the only thing I took away from it, man!”
During his SmackDown appearance, Vince McMahon repeated the WWE catchphrase “So, Now, Forever” then ended his promo saying “…but most importantly, together.” Although there were more cheers than boos for him during both shows, WWE fans on Twitter had a mixed response to his on-screen appearances amid the ongoing controversy.
#1 Dutch Mantell Describes the Real-Life Relationship Between Vince McMahon and John Laurinaitis
#Vince #McMahon #News #Rumors #Roundup #WWE #Board #Directors #Investigations #editor #talks #John #Cenas #announcement #RAW