Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
1
Total Settlement
$0
1:21cv5739 • July 2, 2021
Class Period Start
December 23, 2019
Class Period End
June 15, 2021
PSLRA Deadline
August 31, 2021
Case Allegations
10b5
Statutes of Repose
Dec 23, 2022
Country
United States
Court
Federal Court
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.
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