Three new lawsuits add to WSOF’s legal woes

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Three new lawsuits add to WSOF’s legal woes

Post by Kingfedor on Thu Oct 20, 2016 11:43 am

Three new lawsuits against the World Series of Fighting allege everything from breach of contract and fiduciary duties to fraudulent inducement and “sexually harassing actions.”

The World Series of Fighting (WSOF) is often mentioned as the world’s #3 MMA promotion, but it may very well be #1 in terms of dysfunction.

In five short years of existence and four years of putting on events, MMAWC, the company doing business as WSOF, has endured various financial and legal troubles. These include allegations of evading regulators over a “blatant violation” of Nevada Administrative Code 467.104 for Ali Abdelaziz’s alleged role as promotional matchmaker and fighter manager, two claims of failure to pay rent, allegations of defaulted loan payments and last-minute emergency loans to barely avoid cancelling an event, contractual disputes over ownership of WSOF’s content and international licensing rights. There are also claims that Bruce Deifik, the current controlling member, rejected certain financing opportunities “in favor of securing more favorable terms for himself so as to increase his stake and control in [MMAWC]” and allegedly blocked a Board resolution to terminate COO Keith Evans following accusations that Evans overcharged expense reimbursements by almost $20,000 and rebroadcast fight footage for personal profit.

http://www.bloodyelbow.com/2016/10/20/13343736/three-lawsuits-add-to-wsof-legal-woes-mma-news

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Re: Three new lawsuits add to WSOF’s legal woes

Post by fka on Thu Oct 20, 2016 4:16 pm

Wsof is burning pile of shit......hope it burns out soon the smell is putrid.

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Re: Three new lawsuits add to WSOF’s legal woes

Post by Kinosis on Thu Oct 20, 2016 7:47 pm

Signs seem to be pointing to them ending eventually. Canceling multiple shows is obviously not good, lawsuits on top of that don't help.

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Re: Three new lawsuits add to WSOF’s legal woes

Post by iforgotmypassword on Thu Oct 20, 2016 8:31 pm

hopefully the sport of caged mma is dead soon

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Re: Three new lawsuits add to WSOF’s legal woes

Post by westcott123 on Thu Oct 20, 2016 8:33 pm

not looking good for them

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Re: Three new lawsuits add to WSOF’s legal woes

Post by stu3ufc on Sat Oct 22, 2016 3:39 am

fka wrote:Wsof is burning pile of shit......hope it burns out soon the smell is putrid.

Bellaturd is next

then UFC



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Re: Three new lawsuits add to WSOF’s legal woes

Post by TeamJohnPerretti on Sat Oct 22, 2016 11:06 pm

Cage fighting showing it's true colors.

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Re: Three new lawsuits add to WSOF’s legal woes

Post by InfinityLens on Sun Oct 23, 2016 1:39 am

http://realfightstories.com/2016/10/20/reopened-nac-investigation-ali-abdel-aziz-thwart-wsof-nye-event/

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