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If you work in WWE's legal team, you maybe expecting a busy few months. Levi & Korsinsky are the FOURTH law firm to take a class-action lawsuit against the WWE accusing them of fraud which comes from the TV deal with NBC.Â
They join Alfred G. Yates, Vincent Wong & Robbins Arroyo in going against the WWE in making statements surrounding their TV deals where they could "double or possibly triple it's original value". Their stock reached an all-time high, but WWE didn't "double" or "triple" their TV value and their stock dropped right down past the $10 mark previously hitting $30.
The more law firms that pile up against the WWE, the more issues they will cause for the company. Â
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