Update on the lawsuit against WWE in regards to Saudi Arabia Submitted by Aaron Rift on 07/02/2020 at 08:35 AM
As previously noted, WWE is being sued by stockholders who feel the company misrepresented the nature of its dealings in Saudi Arabia. A former WWE star that was recently released became a confidential witness in the lawsuit against the company.
WWE lawyer Jerry McDevitt has filed a motion to dismiss the lawsuit and McDevitt stated the following in the motion via HeelByNature.com:
The only sources cited in the CAC are two confidential witnesses (neither of whom interacted with the Individual Defendants, participated in negotiations over the MENA rights deal, or worked at WWE’s corporate offices), declarations provided by Defendants prior to filing the CAC, and a series of “news reports” that consist almost exclusively of unsupported content cherry-picked from wrestling websites founded on multiple layers of hearsay and unverified statements from Twitter.
The allegations are all based on “speculation” from “news reports,” such as “a wrestling-focused website” that itself is based on statements by a “WWE Spanish commentator” (who is not employed by WWE and who based his own story on another unnamed party)
Former WWE commentator Hugo Savinovich, the commentator in question, issued the following response in a Facebook video:
“My reputation in the wrestling business is very high. I started at 14 years old and have done everything: writer, producer, wrestler, commentator. I stick with what I said: WWE wrestlers were kidnapped in Arabia Saudi. That’s what my sources told me. I don’t need money, I don’t need fan attention, it’s a very sad thing that WWE and his lawyer try to humiliate me and discredit my story. The Prince of Saudi Arabia fought with Vince McMahon, that’s what they told me from Stamford, in the WWE central television studios and I hold on to that report. I’m not afraid of WWE. I’m also not afraid of Saudi Arabia, a country that killed a journalist of yours in Turkey. WWE was wrong to go to Saudi Arabia. But I’m not afraid to speak.”
“WWE wrestlers gave me that information. It hurts me that Superluchas.com and other websites has made that report from the words of the WWE’s lawyer. I was told that the wrestlers had been held by Saudi Arabia. I’m not against WWE. The curtain falls on the McMahon empire. My version is quite strong and supports the legal trial that WWE is living right now. My report reached FOX, Sportskeeda, Forbes and dozens of media. There was a wrestler who decided to be anonymous and he also told me. He was afraid of WWE, but he participated in events in Saudi Arabia. Everyone was uncertain if they were going to go home alive. I have connections around the world and my passion is to bring the truth to people, I love what I do, I have been transparent. I don’t hate WWE and have refused to speak in court, they offered me money to speak in court, but I won’t, because I love Vince and the McMahon family. I am faithful to Vince and my friends. But the version that I told them, as creepy as it sounds, was what really happened there, confirmed by several workers of WWE, the wife of a former wrestler from the company and another former wrestler from WWE.”
“I am not seeking to harm WWE or the McMahon family. I am still firm in my report, I do not have the testicles to harm WWE, but if there is a truth I will always tell it, and the truth is that Saudi Arabia kidnapped the WWE Superstars. Saudi Arabia cannot be trusted because they have so much power, so much so that they murdered and dismembered a compatriot of theirs in Turkey. I will take the secret to my grave, because I don’t want to hurt WWE, because I love them, I have credibility and what I said is the truth. Hugo Savinovich does not make money from his news, and the WWE’s lawyer knows it, it is a pity that I was put in this position to make myself look like a liar. What a shame! The former WWE wrestlers and the wife of one of them confirmed that they were held.” (quotes courtesy of WrestlingInc.com)