In the coming days we will learn of the settlement brokered by lawyers for TKO via Zuffa and plaintiffs in the Le and Johnson antitrust lawsuit. I have some initial takeaways.
Antitrust Class Action
TKO Group settles Le and Johnson antitrust lawsuits
On Wednesday, TKO Group filed notice with the Securities and Exchange Commission that it has settled its lawsuit with the former fighters in the Cung Le and Kajan Johnson lawsuits. The trial date in the Le lawsuit was set to commence on April 15th but the parties had entered into private mediation. While all mediations […]
Parties in the Le antitrust lawsuit posture over Joe Silva testimony
The plaintiffs for Cung Le, et al. filed a letter with the Court hedging their bets on the testimony of Joe Silva. The longtime matchmaker of the UFC during the Fertitta era may be a key witness and Zuffa claims that he will voluntarily testify in person. The plaintiffs and defendants have been at odds […]
Earnings docs show WWE paid $20M settlement to MLW to resolve antitrust lawsuit
TKO Group Holdings disclosed its earnings for the fully year in 2023 and in the required documents filed with the Security and Exchange Commission it disclosed the amount it paid MLW to settle its lawsuit. According to SEC filings it paid $20 million to settle the lawsuit this past December. MLW filed the lawsuit against […]
Parties in Le Antitrust Lawsuit head to Private Mediation
The parties in the UFC antitrust lawsuit are attending private mediation according to a court entry filed on Monday. The mediation is in lieu of a Mandatory Court Settlement Conference scheduled for next month. The Court Order filed today indicated that the settlement conference was VACATED meaning that it would not go forward. The bigger […]