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1 day ago · The suit was originally filed in December 2014 by retired fighter Cung Le – along with Nate Quarry, Jon Fitch and others – and involved athletes that fought for UFC between December 2010 and ...
3 days ago · The company issued a press release on Thursday stating that a new settlement figure of $375 million has been reached in the Cung Le case pending the court’s approval: On September 26, 2024, TKO reached an agreement with the plaintiffs to settle all claims asserted in the Le case for an aggregate amount of $375 million payable in installments ...
2 days ago · The efforts were headed by former fighters, including Cung Le, Kyle Kingsbury, Kajan Johnson, Jon Fitch, and Brandon Vera. If the case goes to trial, the plaintiffs would need a unanimous jury verdict to win damages. Even with a victory, years’ worth of appeals could follow before fighters see compensation or injunctive relief.
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3 days ago · During the suit, two different classes were formed, with one including competitors represented by ex-UFC talent Cung Le, ... fighters in the Le class would receive about $70-75 million more than ...
3 days ago · 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.
3 days ago · The UFC has reached a new settlement in the Cung Le-led antitrust lawsuit for $375 million, and also issued a response to the filing with the SEC.
2 days ago · The settlement between the mixed martial arts (MMA) promotion and a group of former fighters led by Cung Le will be paid in installments and is subject to court approval.
