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In an effort to prove Waddell & Reed Financial Inc. was actively involved in a scheme to monopolize professional boxing, opposing lawyers provided additional details about its investments in a company called Media Group Holdings LLC.
The complaint stated that Media Group Holdings is managed by Waddell & Reed Investment Management Co., a subsidiary of Waddell & Reed Financial Inc. The complaint also cites an agreement that makes Media Group Holdings a member of Haymon Holdings, allowing it to appoint…