WWE: Mick Foley Signs New Legends Deal, Another Law Firm Investigating WWE, A&E WWE Ratings

Mick Foley Signs New Legends Deal with WWE

Mick Foley announced on Twitter that he recently signed a new Legends type contract with WWE. Foley also announced that this is the reason why all of his official merchandise will be pulled from Pro Wrestling Tees online store after July 31st.

“Hello everyone, it’s The Hardcore Legend Mick Foley and I just want to explain why my merchandise will not be available through Pro Wrestling Tees after July 31. There is no heat or friction I still have a great relationship with Pro Wrestling Tees. It just comes down to signing a new legends agreement with WWE that does give them the exclusive on T shirts. In the meantime, the Socko Sale’s still taking place in November, the four cheeses of Foley pizza’s still available through Powerbomb Pizza. Please feel free to order as many shirts as you like through July 31. I love seeing them at appearances .I’m really grateful for the relationship that I’ve had and continue to have with Pro Wrestling Tees and I appreciate all of you who understand, I understand that some of you won’t understand, and that’s okay too. In the meantime, hope all as well and have a nice day.”


Another Law Firm Investigating WWE Over Breach of Fiduciary Duties Allegations Over McMahon Investigation

As noted before, nine law firms are currently investigating WWE over claims that the company’s Board of Directors and senior management officers breached their fiduciary duties over keeping their investigation into former CEO and Chairman Vince McMahon a secret from WWE’s investors.

PWInsider’s Mike Johnson reported that another law firm named Kaskela Law LLC recently became the newest firm to file a notice of investigation against WWE over the handling of their investigation into McMahon.

WWE SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of World Wrestling Entertainment Inc. (WWE) and Encourages Long-Term WWE Shareholders to Contact the Firm

PHILADELPHIA, July 11, 2022 /PRNewswire/ — Shareholder protection law firm Kaskela Law LLC announces that it is investigating World Wrestling Entertainment Inc. (“WWE”) (NYSE: WWE) on behalf of the company’ long-term investors.

On June 15, 2022, The Wall Street Journal reported that WWE’s Board of Directors was investigating “a secret $3 million settlement that longtime chief executive Vince McMahon agreed to pay to a departing employee with whom he allegedly had an affair.”  The article further reported that WWE’s investigation, “which began in April, has unearthed other, older nondisclosure agreements involving claims by former female WWE employees of misconduct by Mr. McMahon and one of his top executives, John Laurinaitis.”

Subsequently, on July 8, 2022, The Wall Street Journal reported that McMahon had “agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity, an amount far larger than previously known.”

The investigation is focused on whether WWE and/or the company’s officers and directors violated the securities laws or breached their fiduciary duties in connection with the above alleged misconduct.

Long-term current WWE shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by email (abell@kaskelalaw.com) or online at https://kaskelalaw.com/cases/wwe/ , to receive additional information about this investigation and their legal rights and options.

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation, and has helped recover in excess of $100 million on behalf of victimized investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.  This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750
www.kaskelalaw.com


A&E WWE Programming Ratings – July 10, 2022

This past Sunday’s Biography: WWE Legends drew 582,000 viewers on A&E. This episode also drew a 0.14 rating in the 18-49 demographic and a #17 ranking in the key demographic rankings. This was the premiere episode for the series second season and focused on The Undertaker.

This past Sunday’s WWE Rivals drew 368,000 viewers on A&E. This episode also drew a 0.10 rating in the 18-49 demographic and a #29 ranking in the key demographic rankings. This was the premiere episode of the series and focused on the famous Shawn Michaels vs. Bret Hart rivalry in WWF.

This past Sunday’s WWE Smack Talk drew 222,000 viewers on A&E. This episode also drew a 0.07 rating in the 18-49 demographic and a #50 ranking in the key demographic rankings. This episode was the premiere episode of the series on the network.

Source: Showbuzz Daily