As discussed in our previous alert, the settlement covers three of the major class action lawsuits brought against the NCAA: House v. NCAA, Hubbard v. NCAA, and Carter v. NCAA. The parties then filed an Amended Stipulation and Settlement Agreement (the “ Amended Settlement ”) on September 26, 2024, which was preliminarily approved on October 7, 2024. Next Steps for Settlement ApprovalJudge Wilken’s order granting preliminary settlement approval includes a few key deadlines before the settlement is finalized:October 18, 2024 through January 31, 2025 : The claims period for eligible class action members. April 7, 2025 : Court hearing for final settlement approval15 (coinciding with the NCAA Men’s March Madness final). Challenges to Final Settlement ApprovalThere are a number of obstacles that can prevent the settlement from being approved and finalized.
Source: New York Times November 14, 2024 17:02 UTC