The company said TKO agreed on March 13, 2024 to settle all claims in both the Le and Johnson class actions for a total amount of $335 million.

8-KRegulation FD DisclosureFiled Mar 20, 2024Period of report Mar 13, 2024Summary published (UTC) Oct 30, 2026

Key points

AI summary

The company said TKO agreed on March 13, 2024 to settle all claims in both the Le and Johnson class actions for a total amount of $335 million.
The company said TKO OpCo and its affiliates, including Endeavor Group Holdings, face similar class-action lawsuits brought by former UFC athletes alleging violations of Section 2 of the Sherman Act. The Le case consolidates 5 lawsuits filed from December 2014 to March 2015, which were consolidated in June 2015, and the Johnson case was filed in 2021.
The company said the settlement will be paid by the company and its subsidiaries in installments over an agreed-upon period. It said the terms will be memorialized in a long-form agreement and then submitted to the court for approval.
The company said it expects the settlement amount to be deductible for tax purposes. It also said the settlement amount and expected tax treatment are included in its forward-looking statements.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

UFC Athlete Class-Action Settlement Amount

The company said TKO agreed on March 13, 2024 to settle all claims in both the Le and Johnson class actions for a total amount of $335 million.

Source · Based on the filing body and exhibits

Nature and History of the Lawsuits

The company said TKO OpCo and its affiliates, including Endeavor Group Holdings, face similar class-action lawsuits brought by former UFC athletes alleging violations of Section 2 of the Sherman Act. The Le case consolidates 5 lawsuits filed from December 2014 to March 2015, which were consolidated in June 2015, and the Johnson case was filed in 2021.

Source · Based on the filing body and exhibits

Settlement Payment Terms and Process

The company said the settlement will be paid by the company and its subsidiaries in installments over an agreed-upon period. It said the terms will be memorialized in a long-form agreement and then submitted to the court for approval.

Source · Based on the filing body and exhibits

Tax Treatment of the Settlement

The company said it expects the settlement amount to be deductible for tax purposes. It also said the settlement amount and expected tax treatment are included in its forward-looking statements.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.