A major legal development has emerged involving WWE, as the planned shareholder trial tied to the company’s sale has officially been canceled.

According to POST Wrestling, the case—set to be heard in the Delaware Court of Chancery—will no longer proceed to trial. Court Administrator Tamara Burton confirmed the cancellation, while reporter Brandon Thurston noted that both sides have reached an agreement in principle. A formal settlement is now expected to be submitted for court approval.

The lawsuit centered on claims from WWE shareholders who alleged the company was undervalued during its sale to Endeavor, which ultimately merged WWE with UFC to create TKO Group Holdings. The trial was expected to examine whether executives acted in the best interest of shareholders during the deal.

Several high-profile figures had been scheduled to testify, including Vince McMahon and WWE President Nick Khan. The settlement now removes the need for their testimony, along with others connected to both WWE and Endeavor.

Additional names who were expected to be involved included Paul Levesque, George Barrios, Michelle Wilson, and Endeavor CEO Ari Emanuel.

Shareholders had argued that Endeavor offered incentives to McMahon—such as assistance with legal matters and assurances regarding his role within the company—in order to secure a more favorable purchase price. These claims suggested a potential breach of fiduciary duty, though the settlement means the case will not be tested in court.

While this development removes one legal issue from McMahon’s immediate outlook, his broader legal situation remains unresolved. He continues to face ongoing allegations related to misconduct, including claims brought by former WWE employee Janel Grant. McMahon stepped down from WWE in 2024 amid those investigations.

Details regarding the terms of the settlement have not yet been disclosed.

WWE Shareholder Trial Cancelled Ahead of Settlement Agreement

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