DraftKings Inc. Litigation

Feb 9, 2023

No Appeal- Closed

Jan 10, 2023

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Apr 26, 2022

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Apr 5, 2022

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in DraftKings Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Feb 22, 2022

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jan 11, 2022

First Amended Complaint

A new complaint has been filed on behalf of certain investors in DraftKings Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Nov 22, 2021

Scheduling Order

Nov 12, 2021

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Jul 30, 2021

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in DraftKings Inc.. The allegations and class definitions are substantively the same.

Jul 2, 2021

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in DraftKings Inc..