Report: WWE Under Investigation for “Potential Securities Laws Violations”; Official Statement Issued by WWE

April 30, 2014

According to Shareholdersfoundation.com, WWE is currently being investigated by an unnamed law firm for "potential securities laws violations."

The law firm is investigating whether or not a series of statements made by World Wrestling Entertainment regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Shareholders Foundation is a portfolio monitoring site that alerts stock holders when a company in which they own stock is under investigation, and although the site did not reveal the name of the law firm investigating WWE, they did note to stock holders that some type of investigation is currently underway.

Update: WWE has reached out to Wrestlezone and has issued the following statement regarding the Shareholders Foundation report:

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

Nick was born and raised in Detroit, Michigan, and lived there until the age of 18, when he decided to pack his flack jacket and move to New York City.

Nick attended New York University and graduated in 2001 with a degree in Drama.

Nick first entered the internet wrestling community back in 2004 when he became the co-host of The Voice of Wrestling Radio Show. From there, Nick made the transition from radio personality to editor when he began working with WrestleZone in 2008.

Nick is a member of two Off-Broadway theatre companies, Another Urban Riff, and the Drama Desk Award winning Godlight Theatre Company. Nick has appeared in over a dozen Off-Broadway plays since he moved to New York City, and has shot several short and feature length films. In 2010, he completed principle photography on a film titled "How to Score Your Life," which also features TNA Knockout ODB.

Inspiration in his life has come from many people including his family, Woody Allen, Steven Spielberg, Jack Nicholson, The Beatles, and of course, Lassie.