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October 09, 2024 | Connecticut Law Tribune

Class Action Lawsuit Targets 40 Private Colleges and Universities Over Alleged Price-Fixing

"The financial burden of college cannot be overstated in today's world, and we believe our antitrust attorneys have uncovered a major influence on the rising cost of higher education," Steve Berman, managing partner and co-founder of Hagens Berman, said.
3 minute read
October 08, 2024 | The Recorder

U.S. District Court Grants Preliminary Approval to NCAA $2.78B Settlement

The settlement would resolve three major antitrust lawsuits filed against the NCAA. The value of new payments and benefits to college athletes is expected to exceed $20 billion over 10 years.
5 minute read
October 07, 2024 | The Recorder

Super Micro Hit with Securities Lawsuit For Alleged Statements Over Russian Sanctions-Busting

Shareholders filed the class action in San Jose federal court. Class counsel from Hagens Berman Sobol Shapiro and Labaton Keller Sucharow included he company's CEO and CFO as co-defendants.
4 minute read
October 07, 2024 | National Law Journal

'Monopoly Power'?: NCAA Faces Another Antitrust Class Action Alleging NIL Exploitation

"The Defendants have used and continue to use their monopoly power to exploit the Plaintiffs and the class both during and after their college athletic careers by fixing the amount they may be paid for their NIL at zero," according to the allegations in the complaint.
2 minute read
September 06, 2024 | Law.com

Judge Pauses Landmark $2.75B NCAA Settlement Proposal, Parties to Hash Out More Details

"This provision was carefully negotiated. It is a central part of the deal, and without it, I am not sure there will be a settlement to submit," Rakesh Kilaru, a partner with Wilkinson Stekloff and counsel to the NCAA, said.
6 minute read
September 05, 2024 | The Recorder

Federal Judge Asked to Give Preliminary OK to $2.78 Billion Settlement of NCAA Antitrust Claims

The deal calls for the NCAA to foot the bill for nearly $3 billion in damages paid to former and current college athletes who were denied the right to earn money off their name, image and likeness, dating to 2016.
3 minute read
August 12, 2024 | National Law Journal

'Inflated Prices for Games'?: Steam PC Gaming Operator Valve Faces Antitrust Complaint

According to the allegations in the complaint, Valve creates "inflated prices for games and in-game products" by charging a 30% platform fee on in-game purchases of video games distributed through the Steam PC gaming platform.
2 minute read
August 09, 2024 | National Law Journal

'Monopoly Prices'?: Big Pharma Co. Amgen Accused of Anticompetitive Conduct

"A 50-mg dose of Enbrel now costs patients $7,401.83 per month: 643% more than it cost when launched in 1998," according to the allegations in the antitrust class action filed against Enbrel manufacturer Amgen Inc.
3 minute read
August 06, 2024 | National Law Journal

Morgan Lewis and Sidley Defend Amazon.com as Antitrust Case Moves to SDNY

The case opened in Manhattan federal court after District Judge Kymberly K. Evanson for the Western District of Washington granted the cross-country transfer as stipulated by the parties. The lawsuit accuses Amazon of harming competition in the audiobook retail distribution market and depressing the earnings of self-published authors.
2 minute read
July 02, 2024 | National Law Journal

'Illegal Profit'?: Ex-Basketball Players' Antitrust Class Action Against NCAA Seeks Compensation for Name, Image, Likeness

The lawsuit accuses the NCAA of using its alleged "monopoly power to pay nothing to the people whose names, images, and likenesses it uses without their consent in support of its multibillion-dollar enterprise."
2 minute read

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