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 […]
Antitrust Class Action
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 […]
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 […]