NEW ORLEANS, May 1, 2020 /PRNewswire/ -- ClaimsFiler, a
FREE shareholder information service, reminds investors that they
have only until May 5, 2020 to
file lead plaintiff applications in securities class action
lawsuits against World Wrestling Entertainment, Inc. ("WWE") (NYSE:
WWE), if they purchased the Company's securities between
February 7, 2019 and February 5, 2020, both dates inclusive (the
"Class Period"). These actions are pending in the United States District Court for the
Southern District of New York.
Get Help
WWE investors should visit us at
https://www.claimsfiler.com/cases/view-world-wrestling-entertainment-inc-securities-litigation-2 or
call toll-free (844) 367-9658. Lawyers at Kahn Swick &
Foti, LLC are available to discuss your legal options.
About the Lawsuits
WWE and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On February 6, 2020, following a
series of prior disappointing disclosures relating to its
important, yet deteriorating, strategic relationship with the
Kingdom of Saudi Arabia, 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's financial
forecasting.
On this news, the price of WWE's shares plummeted.
The first-filed case is City of Warren Police and Fire Ret.
Sys. v. World Wrestling Entm't, Inc., et al., No.
20-cv-02031.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. At
ClaimsFiler.com, investors can: (1) register for free to gain
access to information and settlement websites for various
securities class action cases so they can timely submit their own
claims; (2) upload their portfolio transactional data to be
notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick
& Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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