{"id":69468,"date":"2020-09-15T16:47:00","date_gmt":"2020-09-15T16:47:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2728122"},"modified":"2020-09-15T16:47:00","modified_gmt":"2020-09-15T16:47:00","slug":"wwe-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-world-wrestling-entertainment-inc-wwe","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/09\/15\/wwe-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-world-wrestling-entertainment-inc-wwe\/","title":{"rendered":"WWE INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of World Wrestling Entertainment, Inc. &ndash; WWE"},"content":{"rendered":"<p><img decoding=\"async\" width=\"200\" height=\"200\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/09\/4000-1-22-4.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p>Former Attorney General of&nbsp;<span class=\"xn-location\">Louisiana<\/span>,&nbsp;<span class=\"xn-person\">Charles C. Foti, Jr., Esq.<\/span>, a partner at the law firm of Kahn Swick &amp; Foti, LLC (&#8220;KSF&#8221;), announces that KSF continues to investigate World Wrestling Entertainment, Inc..&nbsp;&nbsp;<\/p>\n<p>On&nbsp;<span class=\"xn-chron\">February 6, 2020<\/span>, following a series of prior disappointing disclosures relating to its important, yet deteriorating, strategic relationship with the&nbsp;<span class=\"xn-location\">Kingdom of Saudi Arabia<\/span>, the Company revealed that it had failed to secure a favorable broadcasting deal with the Saudis and that the Saudi media rights deal would not be included in the Company&#8217;s financial forecasting.&nbsp;&nbsp;<\/p>\n<p>Thereafter, the Company and certain of its executives were sued in securities class action lawsuits, charging them with failing to disclose material information during the Class Period, violating federal securities laws. Recently, the court presiding over that case denied the Company&#8217;s motion to dismiss, allowing the case to move forward.<\/p>\n<p>KSF&#8217;s investigation is focusing on whether WWE&#8217;s officers and\/or directors breached their fiduciary duties to WWE&#8217;s shareholders or otherwise violated state or federal laws.&nbsp;<\/p>\n<p>If you have information that would assist KSF in its investigation, or have been a long-term holder of WWE shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit&nbsp;https:\/\/www.ksfcounsel.com\/cases\/nyse-wwe\/&nbsp;to learn more.<\/p>\n<p>About Kahn Swick &amp; Foti, LLC<\/p>\n<p>KSF, whose partners include former&nbsp;<span class=\"xn-location\">Louisiana<\/span>&nbsp;Attorney General&nbsp;<span class=\"xn-person\">Charles C. Foti, Jr.<\/span>, is one of the nation&#8217;s premier boutique securities litigation law firms. KSF serves a variety of clients &ndash; including public institutional investors, hedge funds, money managers and retail investors &ndash; in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in&nbsp;<span class=\"xn-location\">New York<\/span>,&nbsp;<span class=\"xn-location\">California<\/span>&nbsp;and&nbsp;<span class=\"xn-location\">Louisiana<\/span>.<\/p>\n<p>To learn more about KSF, you may visit&nbsp;www.ksfcounsel.com.<\/p>\n<p>Contact:<\/p>\n<p>Kahn Swick &amp; Foti, LLC<br class=\"dnr\" \/><span class=\"xn-person\">Lewis Kahn<\/span>, Managing Partner<br class=\"dnr\" \/>lewis.kahn@ksfcounsel.com<br class=\"dnr\" \/>1-877-515-1850<br class=\"dnr\" \/>1100 Poydras St., Suite 3200<br class=\"dnr\" \/><span class=\"xn-location\">New Orleans, LA<\/span>&nbsp;70163<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/ksfcounsel.com\" target=\"_blank\">http:\/\/ksfcounsel.com<\/a><br \/><b>Contact Information:<\/b><br \/>Kahn Swick &#038; Foti, LLC<br \/>\nLewis Kahn, Managing Partner<br \/>\nlewis.kahn@ksfcounsel.com<br \/>\n1-877-515-1850<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Kahn Swick &#038; Foti, LLC<br \/>\nLewis Kahn, Managing Partner<br \/>\nlewis.kahn@ksfcounsel.com<br \/>\n1-877-515-1850<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"200\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/09\/4000-1-22-4.jpg\" alt=\"\">Former Attorney General of&nbsp;Louisiana,&nbsp;Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (&ldquo;KSF&rdquo;), announces that KSF continues to investigate World Wrestling Entertainment, Inc..&nbsp;&nbsp; On&nbsp;February 6, 2020, following a series of prior disappointing disclosures relating to its important, yet deteriorating, strategic relationship with the&nbsp;Kingdom of Saudi Arabia, the &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/09\/15\/wwe-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-world-wrestling-entertainment-inc-wwe\/\">Continue reading <span>WWE INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of World Wrestling Entertainment, Inc. &ndash; WWE<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/09\/15\/wwe-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-world-wrestling-entertainment-inc-wwe\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,22,54],"tags":[],"class_list":["post-69468","post","type-post","status-publish","format-standard","hentry","category-english","category-legal-newswire","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WWE INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of World Wrestling Entertainment, Inc. &ndash; WWE - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/09\/15\/wwe-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-world-wrestling-entertainment-inc-wwe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WWE INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of World Wrestling Entertainment, Inc. &ndash; WWE - Business\" \/>\n<meta property=\"og:description\" content=\"Former Attorney General of&nbsp;Louisiana,&nbsp;Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (&ldquo;KSF&rdquo;), announces that KSF continues to investigate World Wrestling Entertainment, Inc..&nbsp;&nbsp; On&nbsp;February 6, 2020, following a series of prior disappointing disclosures relating to its important, yet deteriorating, strategic relationship with the&nbsp;Kingdom of Saudi Arabia, the &hellip; Continue reading WWE INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of World Wrestling Entertainment, Inc. &ndash; WWE Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2020\/09\/15\/wwe-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-world-wrestling-entertainment-inc-wwe\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-15T16:47:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/09\/4000-1-22-4.jpg\" \/>\n<meta name=\"author\" content=\"Asiya\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Asiya\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/09\/15\/wwe-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-world-wrestling-entertainment-inc-wwe\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2020\/09\/15\/wwe-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-world-wrestling-entertainment-inc-wwe\/\",\"name\":\"WWE INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; 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