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 Breaking News: Investor Investigation Concerning WWE Violations

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Angelus
WD Stalker
Angelus


Number of posts : 11345
Registration date : 2008-08-24

Breaking News: Investor Investigation Concerning WWE Violations Empty
PostSubject: Breaking News: Investor Investigation Concerning WWE Violations   Breaking News: Investor Investigation Concerning WWE Violations EmptyWed 30 Apr 2014, 11:38 pm

UPDATE: WWE sent out the following statement to us today, regarding the below press release…

"The claim that Shareholders Foundation is allegedly investigating has absolutely no substance or merit."

ORIGINAL: Shareholders Foundation, Inc sent out the following today…

World Wrestling Entertainment, Inc. (NYSE:WWE) Investor Investigation Concerning Potential Violations Of Securities Laws

If you purchased shares of World Wrestling Entertainment, Inc. (NYSE:WWE), you have certain options and you should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to receive notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Company Name(s): World Wrestling Entertainment Affected Securities: NYSE: WWE

April 29, 2014 (Shareholders Foundation) - An investigation on behalf of investors of World Wrestling Entertainment, Inc. (NYSE:WWE) shares over potential securities laws violations by World Wrestling Entertainment and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of World Wrestling Entertainment, Inc. (NYSE:WWE) concerning whether a series of statements by World Wrestling Entertainment regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

World Wrestling Entertainment, Inc. reported that its annual Total Revenue rose from $484.01 million in 2012 to $507.97 million in 2013 while its respective Net Income fell from $31.43 million to $2.76 million. Shares of World Wrestling Entertainment, Inc. (NYSE:WWE) grew from $7.72 per share in late 2012 to as high as $31.39 per share on March 20, 2014.

On April 7, 2014, World Wrestling Entertainment, Inc. announced that it has changed the location of its Annual Meeting of Stockholders to be held on April 25, 2014. Shares of World Wrestling Entertainment, Inc. (NYSE:WWE) declined from over $31 in March 2014 to as low as $19.65 per share on April 11, 2014.

On April 28, 2014, NYSE:WWE closed at $19.51 per share.
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King Silva
King of Kings
King Silva


Male
Number of posts : 32652
Age : 31
Location : Sacramento, California
Favorite WWE Wrestler : ---
Current and Former:
The Rock, JoMo, Ziggler, Edge, Orton, Y2J, Hardyz, + Rhodes!
Favorite WWE Diva : -------
ALL TIME
# 1} Lita
# 2} Trish Stratus
# 3} Mickie James
# 4} Gail Kim
# 5} Michelle McCool

Favorite TNA Wrestler : ----

Favorite TNA Knockout : ---
Registration date : 2009-09-30

Breaking News: Investor Investigation Concerning WWE Violations Empty
PostSubject: Re: Breaking News: Investor Investigation Concerning WWE Violations   Breaking News: Investor Investigation Concerning WWE Violations EmptyFri 02 May 2014, 8:31 am

This isn't good news at all!

WWE better hope nothing shady was done!

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