Since opening on Wall Street TKO Group Holdings, Inc. has been ascending based on the profits of the UFC and WWE. However, an investment bank, TD Cowen, has given the stock a “market perform” recommendation. Market perform is a neutral assessment that does not imply a strong recommendation to buy or sell. This is in […]
Antitrust Class Action
The Legal Submission 74
The Legal Submission 74 takes a look at the plaintiffs’ motion to strike Zuffa’s request to exclude 3 of its experts. Notably, Zuffa has introduced a new potential expert which disputes Dr. Hal Singer’s expert opinion. Plaintiffs have objected, but Zuffa explains the rationale for the addition below.
Le plaintiffs move to strike Zuffa’s motion to exclude expert and company responds
MPO took a brief break for the holiday from the UFC Antitrust lawsuit, but we are catching up on some motions in mid-December regarding Zuffa’s motion to exclude plaintiffs’ experts Singer, Zimbalist and Davis. Similarly, Zuffa filed Motions to Exclude prior to the class certification period. Judge Boulware denied those motions. Zuffa argues that the […]
Top 10 MMA Business Stories of 2023 – No. 1 Judge comes out of hibernation to grant class certification to plaintiffs in Le Antitrust Lawsuit
It was a long wait but 2023 saw Judge Richard Boulware finally issue his written opinion to grant class certification to the Le plaintiffs in the UFC antitrust lawsuit. The August Order, indicated that the plaintiffs in the ‘Bout Class’ could proceed together in its lawsuit that the promotion used anticompetitive methods to create a […]
Zuffa seeking to exclude Le plaintiffs expert Andrew Zimbalist
The final expert that Zuffa has sought to exclude in the Le Antitrust Lawsuit is Dr. Andrew Zimbalist. According to Zuffa, his testimony was to determine Zuffa’s anticompetitive conduct and whether there were potential pro-competitive justifications to the challenged conduct. His job was also to comment on the damages theory set forth by defendants. Andrew […]