Sunday, May 27, 2012
TNA Files Lawsuit Against WWE
Nashville City Paper reports that an injunction was filed yesterday alleging that a former TNA employee, Brian Wittenstein, who went on to work for WWE earlier this year, supplied the company with “confidential information and trade secrets”.
WWE informed TNA that Wittenstein had been divulging said trade secrets on May 7th. He was fired by WWE.
The information allegedly offered up included details on wrestlers’ contracts. TNA claims that the company is now trying to poach TNA talent with this information, citing Ric Flair as an example. The Hall of Famer reportedly tried to end his deal with TNA two days later, they claim, in order to return to WWE.
In the lawsuit, TNA states: “This wrongful disclosure and misappropriation allows WWE to effectively price TNA out of the market and cause irreparable harm to TNA’s business and profitability. WWE now knows the confidential details of TNA’s business affairs including its marketing and business strategy and analysis, which leaves TNA vulnerable to WWE’s unfair position in the market.”
“In order to injure TNA and gain a competitive advantage, WWE intentionally interfered with TNA’s contractual relationship with Ric Flair and maliciously used the trade secrets and confidential information provided by Wittenstein to approach Ric Flair.”
WWE’s lawyer, Jerry McDevitt, responded: “Our reaction is that no good deed ever goes unpunished. What the WWE did here is what you would hope any company would do in these circumstances it found itself in.”
More on this story here.
Thoughts: Though not specifically female-related, a very interesting story to keep track of given the parties involved. Who doesn’t love a good courtroom drama?