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WWE STOCKHOLDER LAWSUITS UPDATE

Earlier this month, a motion was filed in the United States District Court of Connecticut by several plaintiffs suing WWE over their alleged conduct during the time frame they were negotiating new TV deals (where the stock jumped due to speculation), requesting that the lawsuits all be consolidated into one suit against the company.

On 9/26, WWE filed a motion saying they agreed and also requested that all the lawsuits be merged into one case.

A ruling has not yet been issues on the requests.

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