WWE Lifts Employee Ban On Stock

7 months ago by SP3

WWE Lifts Employee Ban On Stock WWE

WWE has lifted the employee ban on stock.

According to Wrestlenomics (subscription required), all WWE employees were notified on Friday, July 29 that they were not allowed to buy or sell any of the company’s stock following Vince McMahon’s resignation.

The message was sent by Senior Vice President and General Counsel James Langham.

Per PWInsider, WWE informed employees on August 18 that now that their second quarter earnings have been released, employees can once again buy and sell shares of the company’s stock.

The second quarter earnings were delayed after there were findings of past unrecorded Vince McMahon payments that should have been recorded as company expenses.

As previously noted, the WWE Board of Directors’ investigation into Vince McMahon is now considered “substantially complete.”

To learn more about the WWE’s second quarter earning, click here.

If you’re in the UK but didn’t manage to get tickets to Clash at the Castle on September 3, WrestleTalk is hosting a watch party at The Joiner on Worship in Shoreditch, London, and we’d love for you to join us! Click here for more details.

Share this article with friends