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 […]
Antitrust Class Action
Court calls hearing on proposed settlement in Le case
Could one of the UFC Antitrust lawsuits be finished? According to a minute order issued on Tuesday, a hearing will be heard on October 22nd before Judge Richard Boulware. The hearing will discuss the latest settlement proposal between the plaintiffs in the Cung Le lawsuit against Zuffa. The plaintiffs filed declarations from fighters in the […]
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 […]
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 […]