According to Chris Harrington of WrestleNomics, a lawsuit against Shane McMahon was filed on March 14, 2016 regarding YOU OnDemand for Securities trading.
Here’s a document file of the lawsuit:
YOD Shane McMahon Lawsuit by indeedwrestling
Until 2013, Shane McMahon was the CEO of YOU On Demand, and remains the company’s principal executive officer and Vice Chairman of the Board.
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This got my morning off to a GRRRRRREAT start!
Better than a bowl of Frosted Flakes.
This looks like a serious accusation.
I say it all the time – people treat the McMahons like they are gods, but they wrecked an entire industry.
Vincent K. used daddy’s money to kill all those GREAT companies in the 80s leading to what we have now – a virtual monopoly – that is bad enough…..
but what makes it worse is how he destroyed his OWN company with that PG.
History will not look kindly on Vince in the long run and what he has done to pro wrestling.
The funny thing is – his company was BUILT on talent developed in all those other companies…the AWA, NWA, World Class, etc.
Vince didn’t create – he just had daddy’s money to BUY with.
I hope Shane goes down – security fraud hurts a lot of people financially.
But then again, in the 80s, his dad didn’t care about who he hurt either.
WWE and those involved are ALWAYS involved in some lawsuit – says a lot about them as human beings.
I hope Shane goes to jail for this.
They could make it a storyline on RAW.
LOL
“Son, you are being sued, so YOU’RE FIIIIIRRRRRRED!!!!!!!!!!!!”
This story made my day – I am still on Cloud 9.
If a story came out like this on one of the “superstars”, Vince would future endeavor them.
WWE would like to wish Shane Brandon McMahon well in his future endeavors.
WWE could make Shane like a Gordon Gekko character now.
HERE COMES THE MONAAAAAAY!
GREED FOR A LACK OF A BETTER WORD IS GOOD!
Now his theme song is gonna be:
HERE COMES THE LAWSUIT!!!!!
LAWSUIT!
LAWSUIT!
LAWSUIT!
LAWSUIT!