The Plaintiffs in the Le v. Zuffa antitrust lawsuit filed declarations to the Court essentially telling Judge Boulware that they cannot wait for a trial especially with the risk of getting nothing and that the new settlement of $375 million would be life altering. In total, there were 56 plaintiffs that filed Declarations in support […]
Antitrust Class Action
UFC and Plaintiffs in Le-Zuffa case tentatively settle for $375M
On Thursday morning, Zuffa and the plaintiffs in the Le lawsuit agreed to settle the case for $375 million. The settlement is pending Court approval by Judge Boulware. TKO Group filed a Form 8-K this morning informing its investors of the settlement for $375 million. The settlement is for the Le plaintiffs only. If the […]
Shapiro on UFC Antitrust Lawsuit: “We are not going to be just writing a bigger check”
TKO President and COO Mark Shapiro spoke at the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference. Among the topics was the UFC Antitrust Lawsuit with the Le case set for February 2, 2025. Shapiro addressed the UFC Antitrust Lawsuit. He was disappointed with the fact that Judge Richard Boulware did not approve […]
The Legal Submission 94 – Who “sold” the UFC Antitrust Settlement
SEC Filing reports Judge Boulware denial of settlement
TKO Group Holdings, the company owned by Zuffa, filed a SEC-8K which reported the denial of a $335 million settlement by Judge Richard Boulware. The day after the news broke, the stock price has not seen a dramatic rise or fall. As of close of the stock market on Wednesday, TKO Group Holdings, Inc. remained […]