The parties in the Alliance MMA lawsuit have filed a Notice of Settlement filed in the class action lawsuit filed in federal court in New Jersey. The lawsuit was premised upon an accounting irregularity in Alliance MMA’s 10-Q filings in 2016 could no longer be relied upon. As a result, two lawsuits were filed against […]
Alliance MMA
Alliance MMA cleans house of C-Suite officers according to SEC filing
Alliance MMA announced that its Chief Executive Officer, Paul K. Danner III, resigned as an officer of the Company effectively immediately according to a February 7, 2018 SEC Filing. In addition, it terminated the employment of the Company’s President, Robert Haydak, and its Chief Marketing Officer James Byrne. Danner will stay on with Alliance MMA […]
MPO Year in Review – Alliance MMA sued by investors
Alliance MMA, the publicly traded MMA organization that launched in late 2016, was sued by shareholders citing violations of securities law for alleged misrepresentation of information. A class action suit is sought and there were efforts by multiple companies to seek out aggrieved shareholders. Two lawsuits were filed in New York although one was later […]
Alliance MMA posts positive 2nd Quarter financial results
Alliance MMA reported its second quarter revenue and things about to be looking up. The publicly traded company reported 48% growth in revenue on Monday. According to a company release announcing its results it posted a 48% increase in revenue over the previous quarter, “based in part on the increment contribution of our most recent […]
Payout Exclusive: Interview with Roy Englebrecht and Alliance MMA’s Robert Haydak
Alliance MMA continues its expansion of regional promotions. This month, it announced the acquisition of Roy Englebrecht’s Southern California fight promotion. MMA Payout had the opportunity to speak with Alliance MMA’s President Robert Haydak and Roy Englebrecht. The acquisition is the largest promotion the publicly traded company has made thus far. The New York Business […]