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Feb 6, 2025 | 
cohenmilstein.com | Benjamin Brown |Daniel Gifford |Richard A. Koffman |Daniel Silverman
A Nevada federal judge granted final approval Thursday to a $375 million settlement in a more than a decade-long class action lawsuit in which fighters accused UFC of suppressing their wages, according to a lead attorney on the case. The plaintiffs filed a memo Jan. 30 seeking final approval of the settlement for a class of more than 1,100 former UFC fighters.
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Nov 6, 2024 | 
cohenmilstein.com | Benjamin Brown |Daniel Gifford |Daniel McCuaig |Nathaniel D. Regenold
A California federal jury hit Commercial Metals Co. with a $110 million antitrust verdict on Tuesday, finding the Texas rebar giant liable for multiple antitrust violations and awarding Pacific Steel Group millions of dollars in lost profits and other damages. A unanimous nine-member jury handed down the verdict in favor of San Diego-based steel fabricator PSG after less than 3 hours of jury deliberations in the high-stakes jury trial that began Oct.
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Oct 31, 2024 | 
cohenmilstein.com | Benjamin Brown |Manuel Domínguez |Daniel Gifford |Brent Johnson
At least four antitrust class actions allege Visa forced merchants and consumers to pay artificially inflated prices for debit card transactions, mirroring the allegations of a U.S. Department of Justice complaint. Plaintiffs’ attorneys have filed multiple antitrust class actions against Visa Inc. following the Sept. 24 U.S. Department of Justice complaint alleging the global payments company maintains an unlawful monopoly in U.S. debit card network services markets.
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Oct 25, 2024 | 
cohenmilstein.com | Benjamin Brown |Daniel Gifford |Richard A. Koffman |Daniel Silverman
A Nevada federal judge on Tuesday gave his blessing to a $375 million settlement resolving a group of former UFC fighters’ claims that the organization for years underpaid match participants, the fighters’ counsel confirmed. During a hearing in his Las Vegas courtroom, U.S. District Judge Richard F. Boulware II granted preliminary approval to the proposed deal, which would net many of the fighters more than $1 million each, according to plaintiffs’ attorney Eric L.
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Oct 23, 2024 | 
cohenmilstein.com | Benjamin Brown |Daniel Gifford |Richard A. Koffman |Daniel Silverman
After a decade of litigation, MMA fighters will receive “life changing” money. WASHINGTON, DC– Today, a Nevada federal court granted preliminary approval of a landmark $375 million settlement between a certified class of elite professional mixed martial art (MMA) fighters and Zuffa, LLC dba Ultimate Fighting Championship (UFC). Pending final approval, the settlement will resolve claims in Le, et al. v. Zuffa, LLC, the first of two wage suppression antitrust class actions against UFC.
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Oct 17, 2024 | 
cohenmilstein.com | Benjamin Brown |Daniel Gifford |Richard A. Koffman |Daniel Silverman
A Nevada federal judge has scheduled an Oct. 22 hearing to consider a $375 million proposed settlement between UFC and former fighters that would resolve claims the organization underpaid match participants for years, according to a minute order on Tuesday. . . . If approved by the court, 35 fighters in the Le case will see a payout of more than $1 million, and around 100 will receive more than $500,000. The remaining fighters will net anywhere from $50,000 to more than $250,000 each.
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Oct 8, 2024 | 
cohenmilstein.com | Benjamin Brown |Daniel Gifford |Richard A. Koffman |Daniel Silverman
A group of UFC fighters on Monday sought preliminary approval of a $375 million agreement that would net many fighters over $1 million each and settle their Nevada federal court dispute with UFC over what they say is a history of suppressed wages. The $375 million deal would resolve the case filed by fighter Cung Le in 2014, but leave the organization fighting similar accusations in a lawsuit filed by Kajan Johnson in 2021.
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Sep 26, 2024 | 
cohenmilstein.com | Benjamin Brown |Daniel Gifford |Richard A. Koffman |Daniel Silverman
The UFC and its fighters have reached a revised settlement that upsizes the payout to $375 million, resolving a portion of their long dispute over wages and leaving claims from a similar class action unresolved, the organization said Thursday. UFC, a subsidiary of TKO Group Holdings Inc., said in a statement it was responding to concerns raised by Nevada U.S. District Judge Richard F.
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Sep 26, 2024 | 
cohenmilstein.com | Benjamin Brown |Daniel Gifford |Richard A. Koffman |Daniel Silverman
The UFC reached a new settlement in one of its antitrust lawsuits Thursday and hopes a judge will green-light it. TKO Group — the UFC’s parent company — reached an agreement with the plaintiffs of Le v. Zuffa that will pay $375 million in the class action lawsuit in which former fighters allege the MMA promotion violated antitrust laws. This amount exceeds the proposed $335 million settlement that Judge Richard Franklin Boulware II of the U.S. District Court of Nevada rejected in July.
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Sep 22, 2024 | 
cohenmilstein.com | Daniel Gifford
Daniel Gifford, an associate in our Antitrust practice, will participate as a panelist at the American Antitrust Institute’s Annual Young Lawyers Breakfast on October 30, 2024 at 8:15 a.m.The breakfast program is a part of the day-long 18th AAI Annual Private Antitrust Enforcement Conference, which will be hosted at the National Press Club. This year’s Annual Young Lawyers Breakfast will address how associates can take control and have agency in their cases and careers.
