Navigation » YakkityYaks - Big Brother 19 and Reality TV Updates and Spoilers! > Yak's Athletics > All other sports » UFC (Ultimate Fighting Championship) class action lawsuit

Notices

All other sports Well, anything not listed above goes here!


Big Brother - Season 19


Reply
 
Bookmark and Share Thread Tools Display Modes
Old 12-16-2014, 03:07 PM   #1
Isaac
Senior Yakster
 
Isaac's Avatar
 
Join Date: Feb 2013
Posts: 287
Thanks: 12
Thanked 47 Times in 35 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Default UFC (Ultimate Fighting Championship) class action lawsuit

TAKEN FROM BLOODYELBOW.COM-

UFC News Le, Fitch and Quarry named plaintiffs in class action suit vs UFC
By Brent Brookhouse

Jon Fitch, Cung Le and Nate Quarry are the first three names on the class-action lawsuit to be filed against the UFC. --Those are three fighters who have main evented in the UFC--two of whom fought in championship bouts during their careers but it should not be confused that these are the only fighters involved with the suit. They are, however, the "identity class plaintiffs" on the complaint. Carlos Newton is in attendance but not on the official document.

The suit alleges that the UFC has violated the Sherman Antitrust Act via an illegal scheme to eliminate competition. The result of these tactics is a marketplace where fighters are only able to earn a fraction of what they would in a competitive marketplace (along with fighters being forced to give up the rights to their name and likeness in perpetuity...etc).

The primary lawfirms involved are Joseph Saveri Law Firm, Inc (recently in news for successful antitrust case against Apple, Google, Adobe other tech giants) - Cohen Milstein Sellers & Toll, PLLC (involved in $1billion+ victory against Dow Chemical and $500mil victory against Countrywide Financial Corporation) - Berger & Montague, P.C. It will also be taking place in the Bay Area in California. That's the home to Le and also a notoriously plaintiff friendly state in antitrust cases.

The suit singles out statements by UFC officials wherein they compare the promotion to the NFL as "the only game in town," but then draws important distinctions between the NFL and UFC in that multiple teams are bidding for the services of the athletes.

Also singled out are UFC practices such as not allowing sponsors in the cage if they'd sponsored rival fighters or events. Continuing the idea that the UFC has taken action to squash potentially competitive rivals, leading to a non-competitive marketplace which prevents fighters from being able to earn their worth as high level mixed martial artists.

While Le, Fitch and Quarry are the named plaintiffs, the class-action would be open to "All persons who competed in one or more live professional UFC-promoted MMA bouts taking place or broadcast in the United States during the Class Period. The Bout Class excludes all persons who are not residents or citizens of the United States unless the UFC paid such persons for competing in a bout fought in the United States."

We will have far more details in the coming hours and days. Make sure to stay tuned here at Bloody Elbow and follow along with our live coverage of today's press conference making the lawsuit official.
Isaac is offline   Reply With Quote
Old 12-17-2014, 11:13 AM   #2
Mystycl
Admin Asst.
 
Mystycl's Avatar
 
Join Date: Oct 2008
Location: Land of Mystycl Moonlight
Posts: 66,410
Thanks: 15,688
Thanked 7,106 Times in 5,111 Posts
Groans: 266
Groaned at 151 Times in 141 Posts
Default

dam
__________________

To view links or images in signatures your post count must be 5 or greater. You currently have 0 posts.
Mystycl is offline   Reply With Quote
Old 12-19-2014, 03:55 PM   #3
Isaac
Senior Yakster
 
Isaac's Avatar
 
Join Date: Feb 2013
Posts: 287
Thanks: 12
Thanked 47 Times in 35 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Default

These fighters got some of the most high-profile anti-trust lawyers in the business, so they aren't messin' around.
Isaac is offline   Reply With Quote

Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


no new posts