8 May 2023 Filing deadline for plaintiff in securities class action – contact Lieff Cabraser
PRESS RELEASE
Published April 12, 2023
SAN FRANCISCO, CA / ACCESSWIRE / April 12, 2023 / The national law firm of Lieff Cabraser Heimann & Bernstein, LLP is suing DraftKings, Inc. (“DraftKings” or the “Company”) investors who suffered losses by purchasing DraftKings non-fungible tokens (“NFTs”) between 11 August 2021 and today to contact our Securities Fraud Practice Group immediately regarding the pending securities fraud class action against DraftKings and a number of corporate insiders. The last date to apply to become the main plaintiff is 8 May 2023.
Class period: 11 August 2021 – today
Petition deadline for main plaintiff: 8 May 2023
Case information: lieffcabraser.com/securities/draftkings
Contact Us: Email or text message [email protected] or call 1-800-541-7358
Headquartered in Boston, Massachusetts, DraftKings is a digital sports entertainment and gaming company that provides users with daily fantasy sports, sports betting (“Sportsbook”), online casino opportunities, NFT sales and trading on its private and exclusively controlled DraftKings Marketplace (“DK Marketplace “), among other online consumer product offerings. The action alleges that DraftKings’ NFT “drops” are unregistered securities offerings and that DraftKings Marketplace is an unregistered securities exchange. The defendants allegedly knew that the NFTs they promoted and sold were “securities” under federal and state securities laws and that they had not registered the NFTs as securities. The defendant is said to have reaped, or will reap, hundreds of millions of dollars in profits from the unregistered securities sale.
About Lieff Cabraser
Lieff Cabraser Heimann & Bernstein, LLP, with over 120 lawyers in offices in San Francisco, New York, Nashville and Munich, Germany, is an internationally recognized law firm committed to advancing the rights of investors and promoting corporate social responsibility. Recognized as a “Plaintiffs’ Powerhouse” by Law360, Lieff Cabraser has litigated some of the most significant civil cases in the United States, helping clients recover over $127 billion in verdicts and settlements. For over 50 years, Lieff Cabraser has been committed to ensuring access to justice for all.
Source/contact
Sharon Lee
Lieff Cabraser Heimann & Bernstein, LLP
415 956-1000
[email protected]
SOURCE: Lieff Cabraser Heimann & Bernstein
See the source version at accesswire.com:
https://www.accesswire.com/748658/DraftKings-NFT-Investor-ADVISORY-May-8-2023-Plaintiff-Filing-Deadline-in-Securities-Class-Action-Contact-Lieff-Cabraser
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