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

2024-12-26 00:47:44 source:lotradecoin liquidity pool investment category:News

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

More:News

Recommend

Beyoncé takes home first award in country music category at 2024 Billboard Music Awards

Beyoncé is taking home her first country award after her eighth studio album "Cowboy Carter" garner

The 15 most valuable old toys that you might have in your attic (but probably don’t)

Those old toys you still keep in storage might could be worth a nice chunk of change. It may just be

This AI code that detects when guns, threats appear on school cameras is available for free

A software company is offering a free artificial intelligence system that can help security detect w