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UFC Reaches Revised, Sweetened Settlement In Class Action Antitrust Lawsuit
UFC today announced a revised $375 million settlement of a class action antitrust lawsuit after a judge threw out the first agreement for $335 million.
The company, which is part of TKO Group, issued a statement saying, “We have reached a revised agreement with Plaintiffs to settle the Le case with terms that we believe address Judge Boulware’s stated concerns. 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 case in question is Le et al. v. Zuffa, a consolidation of five separate suits, where former UFC athletes alleged violations of Section 2 of the Sherman Act.
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