Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Corcel Exploration: Advancing a District-scale, Past-producing Copper-Gold Asset...
Locksley Resources LimitedReceives up to US$191M Potential Support...
CleanTech Lithium
Investor Webinar, Wednesday 5th Nov, 11:30am AEDT
Sarama Files Memorial in US$242M Damages Claim Against...
CHARBONE Engage la Societe Americaine de Relations aux...
CHARBONE Engages US-Based Investor Relations Firm RBMG
JZR Gold Announces Full Exercise of Warrants for...
LaFleur Minerals Inc.Emerging Among Peers as Attractive, Resilient...
Red Cloud Announces Keynote Lineup and Agenda for...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Business

Federal judge overturns $4.7 billion jury verdict in ‘Sunday Ticket’ lawsuit, ruling for NFL

by admin August 3, 2024
August 3, 2024
Federal judge overturns $4.7 billion jury verdict in ‘Sunday Ticket’ lawsuit, ruling for NFL

LOS ANGELES — A federal judge has overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL and has granted judgment to the NFL.

U.S. District Judge Philip Gutierrez ruled Thursday that the testimony of two witnesses for the subscribers had flawed methodologies and should have been excluded.

“Without the testimonies of Dr. [Daniel] Rascher and Dr. [John] Zona, no reasonable jury could have found class-wide injury or damages,” Gutierrez wrote at the end of his 16-page ruling.

The jury on June 27 awarded $4.7 billion in damages to residential and commercial subscribers after it ruled the NFL violated antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription service.

The lawsuit covered 2.4 million residential subscribers and 48,000 businesses in the United States who paid for the package on DirecTV of out-of-market games from the 2011 through 2022 seasons.

The jury of five men and three women found the NFL liable for $4,610,331,671.74 in damages to the residential class (home subscribers) and $96,928,272.90 in damages to the commercial class (business subscribers).

Since damages can be tripled under federal antitrust laws, the NFL could have been liable for $14,121,779,833.92.

It is not the first time the NFL has won a judgment as matter of law in this case, which has been going on since 2015.

In 2017, U.S. District Judge Beverly Reid O’Connell dismissed the lawsuit and ruled for the NFL because she said “Sunday Ticket” did not reduce output of NFL games and that even though DirecTV might have charged inflated prices, that did not “on its own, constitute harm to competition” because it had to negotiate with the NFL to carry the package.

Two years later, the 9th Circuit Court of Appeals reinstated the case.

It is likely the plaintiffs will again appeal to the 9th Circuit.

This post appeared first on NBC NEWS

previous post
JD Vance has much to learn about the spotlight, Senate Republicans say
next post
Dow closes nearly 500 points lower Thursday as investors’ recession fears awaken

You may also like

A flagging U.S. industry looks for new life...

July 19, 2025

CVS replaces CEO as profits, share price suffer

October 20, 2024

Bank of America CEO says financial industry will...

January 23, 2025

Judge temporarily blocks sports streaming service owned by...

August 19, 2024

Mars to acquire snack maker Kellanova in $36...

August 15, 2024

U.S. charges former Wamco executive Kenneth Leech with...

November 27, 2024

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum...

January 9, 2025

American liquor exports hit record high in 2024,...

April 26, 2025

Nvidia CEO says he was wrong about timeline...

March 22, 2025

Women’s basketball league Unrivaled signs uniform deal with...

December 11, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Corcel Exploration: Advancing a District-scale, Past-producing Copper-Gold Asset in Arizona

      November 3, 2025
    • Locksley Resources LimitedReceives up to US$191M Potential Support from EXIM Bank

      November 3, 2025
    • CleanTech Lithium

      November 3, 2025
    • Investor Webinar, Wednesday 5th Nov, 11:30am AEDT

      November 3, 2025
    • Sarama Files Memorial in US$242M Damages Claim Against Burkina Faso

      November 3, 2025
    Promotion Image

    banner ads

    Categories

    • Business (898)
    • Economy (829)
    • Investing (3,162)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smarttradeinsights.com | All Rights Reserved