Finweek English Edition - - IN BRIEF - Time

The size (R60m) of a class-ac­tion law­suit faced by boxer Manny Pac­quiao, who stands ac­cused of fail­ing to dis­close his shoul­der in­jury to the Ne­vada Ath­letic Com­mis­sion be­fore his fight against Floyd May­weather on 2 May. The law­suit was filed by Stephane Vanel and Kami Rah­baran “on be­half of all per­sons who pur­chased tick­ets; pur­chased the pay-per-view event or who wa­gered money on the event”, re­ports mag­a­zine. Pac­quiao and May­weather will earn in ex­cess of $100m (R1.2bn) from the much-hyped fight, which was won by May­weather.

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