K&C Sports & Entertainment Law Weekly Roundup - June 2024 #4

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Sports:

  • Under Armour on Friday said it has agreed to pay $434 million to settle a 2017 class action lawsuit accusing the sports apparel maker of defrauding shareholders about its revenue growth in order to meet Wall Street forecasts. The proposed settlement, subject to court approval, averts a scheduled July 15 trial in Baltimore federal court. Under Armour to pay $434 million to settle lawsuit over sales disclosures – CNN

NCAA

  • Florida State’s lawsuit against the ACC will remain ongoing in Tallahassee after another ruling Friday. Judge John C. Cooper denied the Atlantic Coast Conference’s remaining motions to dismiss five counts in FSU’s complaint against the league. He did so via email — first reported by the Tallahassee Democrat — without explaining his rationale. The decision allows FSU to keep arguing its complaints about sovereign immunity, antitrust concerns and the unenforceability of the league’s grant of rights as it explores an exit from its conference home since 1991. Florida State lawsuit vs. ACC to remain in Tallahassee with new ruling – Tampa Bay Times
  • A group of female college athletes sought to keep the National Women’s Law Center out of its transgender policy dispute with the NCAA, slamming the advocacy organization in Georgia federal court on Wednesday for its attack on the plaintiffs’ “legitimate views on biology.” Athletes Want Advocates Kept Out Of NCAA Trans Policy Fight – Law360
  • Arguing that NLRB regional director Laura Sacks’ decision to recognize Dartmouth College men’s basketball players as employees within the meaning of the National Labor Relations Act “will affect and have a far-reaching impact” on all “current and future” college athletes and “the NCAA membership as a whole,” the NCAA Thursday asked the NLRB for permission to file an amicus brief in support of Dartmouth. NCAA Urges NLRB to Side With Dartmouth Against Basketball Players – Yahoo Sports
  • A state appeals court said Thursday that loyalty to Texas A&M is not enough to establish a fiduciary relationship between a university foundation and its donors, partially dismissing the donors’ suit over seating changes in the wake of 2013 football stadium renovations. Aggie Pride Doesn’t Create Duty In Donor Football Ticket Row – Law360

NFL

  • A Stanford University professor of economics on Thursday told a California federal jury considering multibillion-dollar antitrust claims against the NFL that the league’s subscription deal with DirecTV and its method for distributing broadcast proceeds evenly to all its teams are procompetitive practices. NFL Sunday Ticket Is Procompetitive, Stanford Prof Tells Jury – Law360

GOLF

MLB

Entertainment:

MUSIC

FILM & TELEVISION

ART

  • The highest bidder in an auction for a painting that might be a previously unknown work by Dutch master Vincent van Gogh is entitled to summary judgment for breach of contract against auction houses that have refused to turn it over to her, she said in a new filing in her state court lawsuit. High Bidder Insists Auctioneers Turn Over Potential Van Gogh – Law360

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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