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A federal judge scuttled the proposed $335 million settlement between the UFC and fighters in two separate class-action lawsuits who alleged the MMA promoter violated antitrust laws. On Tuesday ...
The antitrust lawsuit against the UFC is over and the shareholders are happy. That was the big news Wednesday, as the UFC’s parent company — TKO Group Holdings — filed a disclosure with the ...
UFC is hoping to get a court’s OK on a new $375 million settlement in a class-action lawsuit filed by former fighters alleging the MMA promoter violated antitrust laws. Under the revised ...
[4] [5] On October 21, 2024, Judge Richard Boulware of Nevada granted preliminary approval for a $375 million settlement in the "Le vs. Zuffa" antitrust lawsuit for monopolistic practices. As part of the settlement, around $240 million to $260 million will be distributed to eligible fighters, specifically those who competed in at least one UFC ...
In July 2024, the parties in the Le v Zuffa and Johnson vs. Zuffa lawsuits had a proposed $335 million settlement rejected by Judge Richard Franklin Boulware II of the United States District Court for the District of Nevada. Subsequently, in September 2024, a new $375 million settlement was proposed. [313]
The settlement, which was reached on March 13, will see TKO Group pay out $335 million. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
The antitrust suit proceeded and the government won. The IBCNY appealed the divestitures proposed by the judge as having gone past the original offense, and that case came to the Supreme Court again as International Boxing Club of New York v. United States (358 U.S. 242 (1959)). Again the justices ruled in the government's favor, and Norris and ...
The parent company of UFC will pay $335 million to settle two class-action lawsuits alleging that the promotion firm reduced the earning power of its fighters through anticompetitive behavior.