UFC reaches $375 million settlement on one class-action lawsuit, another one remains pending

Date:

LAS VEGAS (AP) — The UFC reached another settlement with one of the two class-action litigants, agreeing Thursday to pay the former fighters $375 million after a previous agreement was thrown out by a Nevada district judge.

Judge Richard Boulware in July dismissed a $335 million settlement with two antitrust lawsuits, including one brought by Cung Le. The new agreement by UFC parent company TKO Group Holdings is with Le, who filed his lawsuit in 2014, and the court still must approve the terms.

“While we believe the original settlement was fair — a sentiment that was also shared by Plaintiffs — we feel it is in the best interest of all parties to bring this litigation to a close,” the UFC said in a statement.

The UFC still has not reached an agreement with Kajan Johnson, who filed his in 2021. In a statement, the UFC called said that was “in very early stages, and a motion to dismiss the complaint remains pending.”

___

AP sports: https://apnews.com/sports

Share post:

Popular

More like this
Related

Fantasy Football Trading Essentials: Tips on getting deals done with bye weeks here

The following is an excerpt from the latest edition...

The Fantasy Football Numbers Do Lie: Exposing stats for Week 5 and beyond

A simple look at a box score or a...

O’Dowda, Daland and Siopis return for Bristol City trip

Cardiff City will be boosted by the return of...

Usman Qadir, son of late Abdul Qadir, announces retirement from Pakistan cricket at 31

Usman Qadir, son of late cricket legend Abdul Qadir,...