On Wednesday, TKO Group filed notice with the Securities and Exchange Commission that it has settled its lawsuit with the former fighters in the Cung Le and Kajan Johnson lawsuits. The trial date in the Le lawsuit was set to commence on April 15th but the parties had entered into private mediation. While all mediations […]
legal
Vince McMahon sells 25% of stock holdings in TKO
In an SEC Filing on Monday, Vince McMahon sold 5,350,000 shares in his possession. The share value at the time of the sale was $411,950,000. The form 144 is a notice required by the SEC prior to the sale. TKO stock was selling around $81 per share as of Monday night. According to Forbes, McMahon […]
Earnings docs show WWE paid $20M settlement to MLW to resolve antitrust lawsuit
TKO Group Holdings disclosed its earnings for the fully year in 2023 and in the required documents filed with the Security and Exchange Commission it disclosed the amount it paid MLW to settle its lawsuit. According to SEC filings it paid $20 million to settle the lawsuit this past December. MLW filed the lawsuit against […]
WWE sues Texas to prevent release of information
Wrestlenomics reports that World Wrestling Entertainment has sued the Attorney General of Texas to prevent the release of information pursuant to the Texas Public Information Act. Its related to information that was released on inflated attendance figures on last year’s Royal Rumble. The lawsuit is based upon a public information request from Brandon Thurston at […]
Parties in Le Antitrust Lawsuit head to Private Mediation
The parties in the UFC antitrust lawsuit are attending private mediation according to a court entry filed on Monday. The mediation is in lieu of a Mandatory Court Settlement Conference scheduled for next month. The Court Order filed today indicated that the settlement conference was VACATED meaning that it would not go forward. The bigger […]