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Seven former college athletes bring class action against NCAA, five conferences over player compensation

( April 25, 2014, 22:31 GMT | Official Statement) -- MLex Summary: A group of former college athletes have filed a class action against the National Collegiate Athletic Association, SEC, ACC, Big 12, Pac-12 and Big Ten, alleging that they violated antitrust laws by capping athletic scholarships at an amount below the cost of attending school and below what a player would receive in a competitive market. The suit seeks monetary damages and an injunction barring enforcement of the scholarship cap.See document below. ...

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