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Wednesday, December 17, 2014

Jon Fitch, Nate Quarry and Cung Le file class-action lawsuit against UFC | Initiative Legal Group

Initiative Legal Group stays up to date with Class Action news from around the globe.

The first part of the article below is by MMA Fighting Newswire from MMAFighting.com. It reads...

Former UFC fighters Jon Fitch and Nate Quarry along with Cung Le, who is still under contract with the UFC, have filed a class-action antitrust lawsuit against the UFC and its parent company, Zuffa. Bloody Elbow was the first to report the news of the lawsuit's existence.
"It's been definitely a tough road. I'm just honored to be part of this lawsuit against UFC for all the past UFC fighters, like Carlos Newton, and Nate [Quarry] and so many names I'd need a list here," Le said at Tuesday's press conference. "For all the future fighters and potentially one day, if my kids want to pursue the same path as I do, they would have a better situation to be in. I'm just very excited to get this going."
All three fighters have served in main events in the UFC. Two fought for titles in the organization.
Among other allegations, the antitrust suit alleges UFC has violated the Sherman Antitrust Act by illegally scheming to create a non-competitive marketplace restricting the earning capabilities of fighters to a fraction of what would be available in a competitive market. The suit also alleges UFC coerces fighters to give up rights to their names and likeness in perpetuity.
"This lawsuit really is about fairness," said Quarry. "It's about a fair market value for the athletes. Over and over again, we've seen that's just not been the case. The UFC has taken over the entire industry and dictated its terms upon the fighters without any say. We don't have any rights. It's the word that comes down.
Source: here
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