Varsity To Pay $43.5M To End Sherman Act Cheer Class Lawsuit

(October 18, 2023, 10:17 AM EDT) -- MEMPHIS, Tenn. — Companies accused of engaging in anti-competitive behavior to monopolize the All-Star Cheer competition and appeal markets will pay $43.5 million to settle a class complaint in a federal court in Tennessee by cheerleaders’ parents and gyms....