The company said TKO reached an agreement with the plaintiffs on September 26, 2024 to settle all claims in the Le case for a total of $375 million. The company said the amount will be paid in installments over an agreed-upon period by the Company and its subsidiaries.

1. 01

   The company said TKO reached an agreement with the plaintiffs on September 26, 2024 to settle all claims in the Le case for a total of $375 million. The company said the amount will be paid in installments over an agreed-upon period by the Company and its subsidiaries.

2. 02

   The company said the Updated Settlement Agreement was reached after the court denied the earlier proposed settlement. It said the terms were memorialized in a long form agreement, which will be submitted to the court for approval.

3. 03

   The company said TKO OpCo and affiliates, including Endeavor Group Holdings, are parties to several substantially similar class-action lawsuits brought by former UFC athletes, alleging violations of Section 2 of the Sherman Act. Five of these suits filed between December 2014 and March 2015 were consolidated in June 2015 into the Le case.

4. 04

   The company said it anticipates the settlement amount will be deductible for tax purposes. It also said the settlement amount and expected tax treatment are forward-looking statements.

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Original filing

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