New York, New York–(Newsfile Corp. – August 9, 2021) – The Klein Law Organization announces that a course motion grievance has been submitted on behalf of shareholders of DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (NASDAQ: DKNG) alleging that the Firm violated federal securities legislation.
Class Period of time: December 23, 2019 and June 15, 2021
Guide Plaintiff Deadline: August 31, 2021
No obligation or charge to you.
Learn more about your recoverable losses in DKNG:
https://www.kleinstocklaw.com/pslra-1/draftkings-inc-f-k-a-diamond-eagle-acquisition-corp-loss-submission-variety?id=18362&from=5
DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. News – DKNG News
Course Action Circumstance Specifics: The submitted criticism alleges that DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. manufactured materially bogus and/or misleading statements and/or unsuccessful to disclose that: (i) SBTech World wide Minimal (“SBTech”), a business obtained by DraftKings, had a record of illegal functions (ii) appropriately, DraftKings’ merger with SBTech uncovered the Organization to dealings in black-industry gaming (iii) the foregoing greater the Company’s regulatory and felony hazards with regard to these transactions (iv) as a result of all the foregoing, the Company’s revenues were being, in part, derived from unlawful conduct and thus unsustainable (v) appropriately, the added benefits of the Business Mix were overstated and (vi) as a final result, the Company’s general public statements were materially wrong and misleading at all relevant occasions.
WHAT THIS Implies TO YOU AS A SHAREHOLDER: If you have endured a reduction in DraftKings Inc. you have till August 31, 2021 to petition the court for direct plaintiff status. Your potential to share in any recovery doesn’t require that you provide as a direct plaintiff.
NO Expense TO YOU: If you purchased DraftKings Inc. securities through the relevant period, you may possibly be entitled to compensation without payment of any out-of-pocket expenses.
HOW TO Safeguard YOUR Money Interests: For additional info about the DKNG lawsuit, you should contact J. Klein, Esq. by telephone at 212-616-4899 or click on this website link.
ABOUT KLEIN Legislation Agency
J. Klein, Esq. represents traders and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Agency is a boutique litigation firm with knowledge in a large range of locations which include securities legislation, company finance and professional litigation. Given that 2011, our seasoned attorneys have accomplished top-quality success for our clients with a customized focus. Attorney advertising and marketing. Prior success do not guarantee comparable outcomes.
Contact:
J. Klein, Esq.
Empire Condition Creating
350 Fifth Avenue
59th Flooring
New York, NY 10118
jk@kleinstocklaw.com
Phone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
To perspective the supply model of this push release, please stop by https://www.newsfilecorp.com/release/92546
More Stories
Essential Questions to Ask When Hiring a Law Firm
How to Assess the Experience and Track Record of a Law Firm
How to Evaluate the Reputation of a Law Firm