A $335 million settlement between the Ultimate Fighting Championship and hundreds of fighters is expected to gain final approval by September, ending a multiyear clash over claims the league suppressed wages.
TKO Group Holdings Inc., parent of the UFC mixed-martial arts league, said Wednesday it reached a deal to settle two class-action lawsuits involving its fighters. The proposed deal, whose details are under negotiation and must be approved by the US District Court for the District of Nevada, means the UFC would avoid lengthy litigation, with a trial that had been scheduled next month in which fighters sought $1.6 ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.