FanDuel & DraftKings Lawsuit
Class Action Attorney Serving All of Florida
A single class action lawsuit has been filed against both FanDuel and DraftKings, two of the most popular daily fantasy league gaming websites. Although there is current controversy surrounding whether or not sites like FanDuel and DraftKings provide outlets of illegal gambling, the class action actually accuses the companies of fraud and false advertising. It would appear that employees had access to insider information that allowed them to win millions in prizes, and now hundreds of people are suing them.
To opt into the class action filed, you must have:
- Placed money into a DraftKings account before 10/06/2015
- Competed in a contest in which daily fantasy company employees participated (winner may be irrelevant)
Do you think you have lost money due to dishonest business practices used by FanDuel & DraftKings? Contact our class action attorney from David C. Rash P.A. today.
Questionable Business Practices Leading to the Lawsuit
FanDuel and DraftKings both run similar daily fantasy websites. Some of the biggest prizes in their daily games are frequently rewarded to those who put money on a player that has been selected in the least amount of rosters but ultimately appears in a big game. The class action alleges that employees from DraftKings were permitted to access FanDuel's information and player line-up when that information was kept out of public hands, and vice versa. If true, employees could have a significant advantage by being able to intentionally place a small amount of money on a certain player, based solely on the fact that not many other people had chosen them, and win a major portion of all payouts for that game.
How Are FanDuel and DraftKings Defending Themselves?
A representative of FanDuel has stated that employees of DraftKings have only won about a third of one percent of all winnings given out by FanDuel. The number seems small at first glance but it has been estimated that FanDuel has rewarded a staggering $2 billion at least since its founding. Once again, if this is deemed to be factual, it would suggest that upwards of $6 million in prizes could have been illegitimately collected by DraftKings employees.
In a statement given by DraftKings cofounder Paul Liberman, he claims that some of his company's employees were making more off fantasy league gaming sites – not their own but others – than they were being paid in their salary. While the message was meant to promote how anyone can win and win big, it may suggest that unfair insider practices have been in widespread use for some time now.
Create a Lawsuit with Us
In cases as widespread and as complicated as the controversy surrounding FanDuel and DraftKings, it can be difficult, if not impossible, for the individual to have their voice heard. By retaining our class action attorney, you can fight for the compensation you deserve without having the worry about being overlooked or drowned out by the crowd of other plaintiffs. We can assist you in either joining a preexisting class aciton or perhaps even creating one.
Call 954.914.7116 today to request a free case evaluation.