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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 ...
TKO Group Holdings, the parent company of the UFC, will pay $335 million after settling two class action lawsuits brought by ex-UFC fighters. (Photo by Cooper Neill/Zuffa LLC via Getty Images ...
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 ...
Judge Richard Boulware in July dismissed a $335 million settlement with two antitrust lawsuits, including one brought by Cung Le. The new agreement by UFC parent company TKO Group Holdings is with Le, who filed his lawsuit in 2014, and the court still must approve the terms.
On March 20, 2024, TKO, UFC parent company reached an agreement to settle all claims in the class action lawsuits for $335 million where the settlement amount will be deductible for tax purposes. [3] However, on July 31, 2024, Judge Richard Boulware ruled that the case would be heard by a jury and denied the preliminary approval for a ...
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 settlement provides for the cash equivalent of a 10 basis-point reduction (0.1 percent) of swipe fees charged to merchants for a period of eight months. This eight-month period would probably begin in the middle of 2013. The total value of the settlement will be about $7.25 billion.
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.