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SEC Files Order Against ProElite

March 22, 2012 by MMAPayout Moderator 8 Comments

On March 20th, the Security and Exchange Commission (SEC) issued an administrative release stating that ProElite was delinquent in its periodic filings with the Commission, having filed some but not all of the required periodic reports. The release can be read below: SEC PE Filing The order states the following: ” ProElite, Inc. (“PELE”) (CIK No. […]

Filed Under: financial, legal, ProElite

Hitman-TapouT lawsuit heating up

March 19, 2012 by Jason Cruz

A lawsuit involving the former owner of Hitman Fight Gear and TapouT/Authentic Brands Group is heating up. MMA Payout has obtained the lawsuit which was filed in Orange County Superior Court in California. Earlier this month, the lawsuit, filed in 2011, was leaked to the MMA blogosphere.  The lawsuit, filed by Daniel Diaz, is a […]

Filed Under: Featured, legal, Tapout

Counsel counters Nevada’s claim Diaz lied

March 15, 2012 by Jason Cruz 4 Comments

MMA Junkie reports on the ongoing saga regarding Nick Diaz’s response to Nevada’s allegations of marijuana use.  Last week, Diaz’s lawyer argued in a response brief that Diaz should be cleared of wrongdoing. Diaz tested positive for marijuana metabolites after his February 4th fight against Carlos Condit. In a response brief addressing the Nevada State […]

Filed Under: legal, Public Relations, UFC

UFC threatens lawsuit against Oklahoma

March 9, 2012 by Jason Cruz 10 Comments

MMA Worldwide reported that Oklahoma is being threatened by litigation from the UFC for imposing a 4% tax on PPV in the state.  As a result, the Oklahoma state athletic commission is not taking on any new applications for licenses from MMA promoters. Via MMA Worldwide: Unfortunately, after March 31st of this year, combat sport […]

Filed Under: Featured, legal, UFC

New York files its Reply Brief in Zuffa lawsuit

March 4, 2012 by Jason Cruz 2 Comments

The New York District Attorney and Attorney General have filed its reply brief in support of its motion to dismiss two counts of Zuffa’s lawsuit against New York.  MMA Payout takes a look at some of the arguments rebutting Zuffa’s opposition. If you’ve been following the lawsuit, the New York was given the opportunity to […]

Filed Under: Featured, legal, New York, regulation, UFC, Zuffa

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