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Lead plaintiff filing ends

23 Sep, 2014

Eligibility to file as lead plaintiffs in WWE class action lawsuit ends. The suit filed against the company over security violations ┬ástems from promises made to shareholders before the company’s television renewal deal with NBC Universal. Attorney┬áRobbins Arroyo comments.

Statements made downplayed the fact that advertisers pay less to reach WWE viewers than traditional sports or other shows on the USA Network and the negative impact on the television license negotiations resulting from the Company’s launch of its WWE Network.