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Some updates on the lawsuit Scott "Raven" Levy and Marcus "Buff" Bagwell in regard to their allegations that WWE owes them royalties from usage of material featuring their work in matches and segments from WCW and WWE on the WWE Network, allegedly breaching their contracts by failing to pay direct sales royalties as well as WWE allegedly not paying within a 90 day window following the end of each financial quarter.
On 9/29 attorneys representing Bagwell and Levy filed a notice with court that the pair are withdrawing certain claims that they alleged in the most recent version of their lawsuit.
After information was exchanged between the parties, Bagwell and Levy stated that they would not be pursuing claims as a class action on "behalf of individuals who are parties to the following contracts and are part of the following alleged subclasses in this matter: (1) Titan Sports, Inc. d/b/a World Wrestling Federation Booking Contract fromthe signing period of January 1, 1993 until December 31, 1993; and (2) WCW, Inc. Booking Contract from the signing period of March 24, 2001 until January 1, 2004."
The only class Bagwell and Levy are pursuing going forward are individuals who are parties to a WWE Booking Contract from the signing period of January 1, 1999 to until January 1, 2004.
The filing also stated that there would be no class claims on behalf of Bagwell.
There is slated to be a conference call regarding the case on 10/6.
For more details on the case, click here. Elite subscribers, click here.
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