Search results
Results from the WOW.Com Content Network
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 ...
The two class-action lawsuits by former UFC fighters were led by Cung Le, filed in 2014, and Kajan Johnson, filed in 2021. Several other fighters also were mentioned in the suits.
The decision comes after TKO Group Holdings, UFC’s parent company, announced an agreement in March 2024 to pay $335 million to settle two class-action lawsuits. Zuffa, the predecessor entity ...
UFC reaches $375 million settlement on one class-action lawsuit, another one remains pending; U.S. attorney says NYC mayor sold influence for bribes from foreign nationals in a "grave breach" of public trust; Philadelphia mayor reveals the new 76ers deal to build an arena downtown; More Political News Headlines
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 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.
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.