Vince McMahon Accused of Dragging His Feet in WWE Shareholder Lawsuit Over TKO Merger

According to recent court filings from May 2025 via WrestleNomics, the plaintiffs are asking the Delaware Court of Chancery to compel McMahon to turn over specific documents as part of the discovery phase. The request targets non-privileged material dated between January 2022 and March 2024. While the exact details are sealed, the accusation is clearMcMahon isnt playing ball.

The lawsuit was first filed in November 2023 by the Laborers District Council and Contractors Pension Fund of Ohio. They argue that McMahon prearranged the WWE-Endeavor merger to maintain power, ignoring better offers that may have benefited shareholders. The all-stock deal, finalized in 2023, formed TKO and allowed McMahon to remain Executive Chairmanuntil his January 2024 resignation following Janel Grants sex trafficking lawsuit.

The court has now given McMahon until May 14 to respond. If he doesnt oppose the motion, the court could force him to comply.

Multiple WWE executives, including Nick Khan and Triple H, have already been subpoenaed. The lawsuit also slams the Boards prior investigation into McMahons alleged misconductcalling it a sham and accusing them of prioritizing McMahons interests over shareholders.

One complicating factor could be attorney-client privilege, but the courts arent always siding with McMahon there either. A federal court recently ruled that some communications between McMahon and longtime lawyer Jerry McDevitt werent protected, citing probable cause that they were made in the furtherance of potential fraud.

Though this shareholder suit is separate from Grants civil case, the timelines and core issues overlapand anything uncovered here could potentially fuel her federal case in Connecticut.

If this lawsuit is successful, shareholders who held stock during the disputed time could receive compensation. For now, though, McMahons legal battles are stacking up, and this one could get messier before it ends.