UFC settles wage suppression allegations for $335 million before trial
Raf Willems/Getty Images(NEW YORK) -- TKO, the parent company of Ultimate Fighting Championship, will pay $335 million to settle a class action lawsuit over wage suppression, according to a company filing Wednesday."On March 13, 2024, TKO reached an agreement to settle all claims asserted in both class action lawsuits for an aggregate amount of $335 million payable by the Company and its subsidiaries in installments over an agreed-upon period of time," TKO said in a filing with the Securities and […]