WPBL board member seeks Delaware court records release
Mina Kim, a WPBL board member, has filed a Delaware Chancery Court petition demanding full access to the league’s books and records, alleging misused funds and undisclosed conflicts of interest as the fledgling league seeks sponsors and partners. The complaint points to financial transfers involving an entity owned by CEO Keith Stein and a possible familial link between Stein and another board member, as well as concerns about board approvals and loan documentation. Kim argues that she has repeatedly requested records in good faith but has faced what she calls improper stonewalling by the WPBL and Stein, prompting a formal request for court intervention and legal fees. The WPBL has disputed Kim’s claims, saying it has provided complete information and that her actions are motivated by a personal grievance, with the rest of the board unified against the proceedings. Critics raise questions about the league’s governance, including its relationship with Dentons, while the organization pushes forward in its August 1 launch amid ongoing scrutiny of asset management and potential conflicts. The broader impact could affect investor confidence and the WPBL’s ability to attract future funding as the legal dispute unfolds.
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