UFC today announced a revised and sweetened $375 million settlement of a class action antitrust lawsuit after a judge threw out the first agreement, which totaled $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.
As for the Johnson case, that process is in very early stages, and a motion to dismiss the complaint remains pending.” The case in question today is Le et al.
Read more on deadline.com
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