Vince McMahon, Nick Khan, Paul Levesque To Testify In WWE Shareholders Lawsuit

Vince McMahon, Ari Emanuel, Nick Khan, and Triple H are set to testify in the upcoming trial for the lawsuit related to WWE’s merger. As previously reported, WWE shareholders filed a lawsuit against WWE in November 2023 over the TKO merger. The lawsuit alleges that WWE’s investigation into former Chairman McMahon was a “sham,” and that McMahon manipulated the sale process to Endeavor for his benefit.

According to POST Wrestling’s Brandon Thurston, the four executives are among those set to testify as witnesses in the trial.

Mark Shapiro is also among the list of witnesses, which includes many other names as revealed in a pre-trial order. Stephanie McMahon is listed among the names the plaintiffs may call, either live or by deposition.

The trial is set to kick off on on June 8th in the Delaware Court of Chancery and claims that McMahon set up the deal with Endeavor for them to acquire WWE and merge into TKO in order to ensure that he would remain with WWE. This was after he was accused of sexual misconduct in summer of 2022. McMahon retired from the company in the wake of the allegations, but forced his way back onto the Board of Directors in order to facilitate the sale of WWE.

McMahon of course eventually exited WWE and TKO just after he was sued by Janel Grant over allegations by Grant that he sexually abused, assaulted, and trafficked her. That lawsuit is ongoing.

The report by Thurston notes that plaintiffs and defendants plan to call McMahon and Emanuel as live witnesses in the courtroom. McMahon has separate legal representation from the rest of the defendants which include Khan, Triple H, George Barrios, and Michelle Wilson. WWE and TKO are not direct parties to the lawsuit, through they are believed likely to be funding the legal bills for the defendants beyond McMahon.

The full list of names who are intended to be called to testify are:

Plaintiffs Intend To Call Live:
* Vince McMahon
* Ari Emanuel
* Mark Shapiro
* Jeffrey Sine, Raine banker
* Frank Riddick, then-WWE Chief Financial Officer and board member
* Andrew Schleimer, TKO CFO and then-UFC CFO
* Brendan Houlihan, expert witness
* James Canessa, expert witness


Plaintiffs May Call Live Or By Deposition:
* Jeffrey Speed, then-WWE board member
* Stephanie McMahon
* Marty Patterson, Liberty Media President & CEO
* Steve Pamon, then-WWE board member


Defendants Intend To Call Live (Several Also Pppear Plaintiffs’ List):
* George Barrios, then-WWE board member and former WWE executive
* Brad Blum, former WWE executive
* Ari Emanuel
* Daniel Lee, Moelis Managing Director (an advisor in the process)
* Paul Finger, JP Morgan Managing Director (advisor)
* Nick Khan
* Steve Koonin, TKO board member, then-WWE board member
* Triple H
* Vince McMahon
* Frank Riddick
* Andrew Schleimer
* Mark Shapiro
* Jeffrey Sine
* Michelle Wilson, then-WWE board member and former WWE executive
* Mark Zhu, TKO Chief Strategy Officer and then-Endeavor executive
* Doug Perlman, expert witness
* Professor Steven Salaga, expert witness
* Professor David C. Smith, expert witness
* Matthew Archer, shareholder plaintiff
* Dennis Palkon, shareholder plaintiff