TKO's $335M UFC antitrust settlement denied; court sets Oct 28 trial date

TKO Group Holdings, Inc.

Court denied preliminary approval of $335M settlement with former UFC athletes in Le and Johnson antitrust class actions.
Company evaluating options including appeal; new tentative trial date in Le case set for Oct 28, 2024.
Status conference scheduled for Aug 19, 2024; plaintiffs' counsel willing to discuss separate settlements.
Motion to dismiss in Johnson case remains pending with no trial date set.

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