According to a report published by Fortune Magazine, Plainfield Asset Management (PAM) is the subject of a FBI investigation concerning allegations of fraud: The Federal Bureau of Investigation is probing whether Plainfield Asset Management, a hedge fund that once had $5 billion in assets under management, committed fraud by overstating the value of some of […]
Bellator
San Antonio Newspaper Calls Bellator Event A “Bust”
John Whisler, a sports reporter from the San Antonio Express-News was lucky enough to attend Bellator 27 and witness the great come from behind win against Joe Soto to win the Bellator featherweight title. The problem? There weren’t many other spectators to witness the great main event. San Antonio may have seen the last of […]
Bellator Strikes Back
Earlier this week, Bellator Fighting Championship filed a lawsuit against the Ultimate Fighting Championship for alleged use of one of its contracted fighters. Bellator claims that Jonathan Brookins was under contract with Bellator when Brookins accepted a slot on Spike TV’s reality series The Ultimate Fighter. Brookins is a cast member of this fall’s Team […]
MMAterial Facts 08/10/10: Legal Battles Heating Up
– Akiyama Charges Manager with Embezzlement – MMA promoter sues over canceled match – XCAP Proud to have Ryan Couture on Board – President: Announcement of Shark Fights 13 broadcast plans coming next week – Bellator sues UFC, alleges “tortious interference of contract” of Jonathan Brookins Akiyama Charges Manager with Embezzlement Proving once again that […]
MMAterial Facts 08/04/10: Legal Battles Cloud MMA Landscape
– Impact FC Hasn’t Paid Its Fighters; Promoters Blame Each Other – Zuffa sues MMA Agent Ken Pavia and Bellator for alleged theft of trade secrets – Roy Jones Jr’s Square Ring, Inc Sues Zuffa, Roy Nelson – SEC, MMA Manager consent to final judgment – Can’t Touch This: MC Hammer Starts MMA Firm Impact […]