World Wrestling Entertainment (WWE) was officially served in the lawsuit brought against them by the Figures Toy company.
The Figures Toy company is claiming WWE illegally severed their licensing agreement to produce and sell replica WWE Championship belts in order to secure a deal with Figures’ manufacturer in Hong Kong, ultimately cutting Figures out of the product that they came to WWE to create.
WWE will have until this coming Tuesday, September 24th, to respond to the lawsuit. Unless WWE asks for an extension, we should have an update on the situation in approximately a week or so.
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