Third Lawsuit Filed Against Vince McMahon
Another lawsuit for Vince McMahon
Jan 26, 2023
A third lawsuit has been filed against Vince McMahon following his return to WWE earlier this month.
According to Bloomberg, shareholders Carole Casale and Chrystal Lavalle are suing McMahon over his alleged history of paying to cover up sexual harassment accusations. They are looking to keep the case separate from any consolidated action. The lawsuit is not publicly available.
McMahon has already been sued by the Detroit Police and Firemen Retirement System in a lawsuit which alleged the 77-year-old breached his fiduciary duties as controlling shareholder by imposing his will on WWE and preventing the Board of Directors from making critical business decisions.
WWE shareholder Scott Fellows filed a similar complaint in early January.
The lawsuits come after Vince McMahon returned to WWE on January 5, electing himself and former co-presidents Michelle Wilson and George Barrios to the Board of Directors. Following Stephanie McMahon's resignation from the company, a restructured board elected Vince McMahon as Executive Chairman. The 77-year-old is pursuing a sale of WWE, although he has reportedly made suggestions on WWE creative.