Investment banking firm Jefferies initiated coverage of TKO with a ‘buy’ rating and a $120 price target. Shares jumped on Monday morning with the news of the coverage. The news offsets a previous “market outperform” rating by TD Cowen last month with concerns about Zuffa’s exposure with the UFC Antitrust Lawsuit heading to trial in […]
WWE
WWE Speed coming to X
McMahon NDA validity will be central to Grant case
The filing of the lawsuit by Janel Grant against Vince McMahon presents some interesting questions including the validity of a Nondisclosure Agreement. The Agreement, attached to the lawsuit filed by Grant is allegedly the exact Agreement signed by the parties. The payout total of $3 million was to be paid in increments with Grant receiving […]
John Laurinaitis flips on Vince McMahon
According to co-defendant John Laurinaitis’ attorney, he denies the allegations in the Janel Grant complaint and implied that he was a victim. Grant filed a lawsuit against McMahon, Laurinaitis and WWE claiming that she was the victim of sexual assault and sexual trafficking. In an article on Vice.com, Tim Marchman spoke with Laurinaitis’ attorney Edward […]
Vince McMahon sued for battery, sex trafficking
A lawsuit was filed by a former WWE employee against Vince McMahon which accuses him of sexual battery and trafficking. Janel Grant filed a lawsuit on Thursday claiming that McMahon used his position to forcibly rape her and exploit her to other employees. Grant claimed that McMahon had hired her to work in the legal […]