DRAFTKINGS NFT INVESTOR ALERT: 5/8/2023 Plaintiff filing deadline in securities class action

SAN FRANCISCO, CA / ACCESSWIRE / May 1, 2023 / The national plaintiff law firm of Lieff Cabraser Heimann & Bernstein, LLP is suing DraftKings, Inc. (“DraftKings” or the “Company”) investors who suffered losses by trading DraftKings’ non-fungible tokens (“NFTs”) between 11 August 2021 and today to contact our law office immediately regarding the pending securities fraud class action lawsuit against DraftKings and a number of company insiders. The deadline for applying to be the main plaintiff is 8 May 2023.

Class period: 11 August 2021 – today

Deadline for lead claimant: 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, LLP

See the source version at accesswire.com:
https://www.accesswire.com/751906/DRAFTKINGS-NFT-INVESTOR-ALERT-582023-Plaintiff-Filing-Deadline-in-Securities-Class-Action–Contact-Lieff-Cabraser

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