On Tuesday, Judge Richard Boulware preliminarily approved the Le antitrust settlement of $375 million for the plaintiffs. The plaintiffs will receive between $240 million and $260 million after attorney fees and costs per Paul Gift who was in the courtroom. The Cung Le antitrust settlement is preliminarily APPROVED. Over the next year the #UFC will […]
Le v. Zuffa
Le Plaintiffs plead Judge Boulware to accept settlment
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 […]
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 […]
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 […]
Judge Boulware denies Motions for Approval, Le v. Zuffa trial tentatively set for October 24th
Judge Richard Boulware has denied the Motions for Approval brought by the parties in the Le and Johnson antitrust lawsuits against Zuffa. The Le case will proceed to trial on Monday, October 24th pending a status conference on August 19th. Judge Boulware will discuss both cases at the August 19th status conference. You may recall […]
