Delaware Judge Sanctions Vince McMahon and Nick Khan Over Destroyed Signal Messages in TKO Merger Lawsuit

A Delaware judge has sanctioned WWE’s Vince McMahon and President Nick Khan for destroying Signal messages relevant to a shareholder lawsuit challenging the 2023 WWE-Endeavor merger that created TKO Group Holdings, Bleeding Cool reported. Vice Chancellor J. Travis Laster ruled that WWE officials used Signal’s auto-delete feature to delete potentially relevant communications, a practice known as "spoliation of evidence," according to bsky. The sanctions raise the burden of proof for McMahon and Khan, making it harder for them to defend against claims of breached fiduciary duties, and the court found the destruction was intentional or reckless, warranting an adverse inference instruction to the jury.

Bleeding CoolDelaware Judge Sanctions Vince McMahon and Nick Khan Over Destroyed Signal Messages in TKO Merger Lawsuit