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WWE Shareholder Lawsuit Over WWE Ties To XFL Dropped

The Oklahoma Firefighters Pension & Retirement System has dropped its shareholder lawsuit against the WWE. Back in December they sued Vince McMahon and the WWE over their potential involvement with XFL.

The fund wanted access to records that detailed WWE’s involvement with the new XFL. They believed the WWE had diverted funds and/or resources from the WWE to the XFL. This was seen as a breach of commitment to WWE’s stockholders. The lawsuit was seeking to find out how Vince McMahon was keeping both companies separate.

The lawsuit was voluntarily dismissed on March 10th, 2020 according Wrestlenomics.

“Pursuant to Court of Chancery Rule 41(a)(1), Plaintiff Oklahoma Firefighters Pension and Retirement System hereby files this Notice of Voluntary Dismissal, dismissing the above-captioned case with prejudice, each side to bear its own costs and expenses,” the Notice of Voluntary Dismissal reads.

It’s unknown what caused the lawsuit to be dropped. Here are the official documents.



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Mark Perry, a passionate sports journalist and the founder and editor of XFL News Hub, has been at the forefront of covering the XFL since its revival in 2018. Within days of the XFL's announced return, Mark initiated XFL News Hub to keep the fans abreast of every detail, game, and development of the league. Mark's extensive knowledge of the sport, combined with his unwavering dedication to providing comprehensive and accurate reporting, has made XFL News Hub the go-to platform for all things related to the XFL. His work over the years has brought him recognition in the world of sports journalism, solidifying his place as a leading voice in XFL coverage. Beyond just reporting, Mark believes in fostering a community around the XFL, engaging fans through his innovative content and discussions. If you have any inquiries, comments, or insights you'd like to share, Mark welcomes you to contact him directly at mark.perry@xflnewshub.com.

1 Comment

1 Comment

  1. Zieborn, Sir

    April 1, 2020 at 7:41 pm

    Could it have been dropped because now is likely the worst possible time to be going after any financially solvent company in your fund, even if you suspect they did something wrong? I can’t imagine many pension funds want to see more of the companies they invested in bleed red ink right now.

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