Updated at 4.16 pm ET: Brandon Thurston has further reported that the judge in the case, Vice Chancellor J. Travis Laster, posted the following notice:
The parties have represented to the court that they have reached an agreement in principle on a settlement. At the parties’ request, the trial is cancelled. The parties have advised the court that they will present the settlement for approval in due course.
The notice may appear on the Court docket tomorrow. A public settlement figure may take some time to emerge, Thurston noted, citing the precedent of the timeline that played out in 2025 during a lawsuit against Meta executives in the same Delaware court. That trial abruptly ended in July due to a last-minute agreement. However, the final settlement figure remained undisclosed until November.
Original story posted at 3.35 pm ET:
The parties in the WWE shareholder lawsuit have reached an agreement in principle for a settlement, according to a court official.
Brandon Thurston of Wrestlenomics reported on Sunday on social media that Tamara Burton, the Court Administrator for the Delaware Court of Chancery, had conveyed to him that the trial has been cancelled at the request of the parties.
Burton told Thurston:
At the parties’ request, the trial is cancelled. The parties have advised the court that they will present the settlement for approval in due course.
Burton this afternoon tells me the parties have reached an agreement in principle.
“At the parties' request, the trial is cancelled. The parties have advised the court that they will present the settlement for approval in due course.” https://t.co/ncdwqR0uhm
— Brandon Thurston (@BrandonThurston) June 7, 2026
The update follows confirmation on Saturday that the trial had officially been cancelled after being removed from the Delaware court calendar one day earlier. At that stage, it had not been confirmed whether a settlement had been reached or was being worked on.
The trial had been scheduled to begin Monday and run over four days in Delaware before Vice Chancellor J. Travis Laster.
The lawsuit concerns the 2023 transaction that combined WWE and UFC under TKO Group Holdings. The shareholder plaintiffs allege that WWE was undervalued in the deal and that Vince McMahon steered the process toward Endeavor while other potential bidders, including KKR and Liberty Media, did not receive a fair opportunity to pursue WWE.
The listed defendants include McMahon, Nick Khan, Paul Levesque, George Barrios, and Michelle Wilson. Vince McMahon, Ari Emanuel, Mark Shapiro, Khan, and Levesque were also among the names expected to feature in testimony had the trial gone ahead.
Thurston noted on Friday that, if the case is settled, the terms should eventually become public because shareholders would need to be notified of any payment tied to their former WWE shares. Burton’s latest statement indicates the proposed settlement will be presented to the court for approval at a later date.
