And so the FanDuel / DraftKings class action lawsuits begin | Bob's Blitz

And so the FanDuel / DraftKings class action lawsuits begin

As DraftKings had WFAN's Joe Benigno stating (ad nauseam) 'win $2 million dollars' and 'pick your team, pick your players, pick up your winnings' (ie, not 'you might or you could') we asked rhetorically..."Why not sign up and when you don't win the millions Benigno promises - sue."

Well...we didn't but -- Adam Johnson has sued both over that insider trading charge.

Adam Johnson, of Kentucky, sued DraftKings and FanDuel in Manhattan federal court Thursday, saying he’s spent $100 on DraftKings tournaments.

“The biggest edges any player can have come from having data and information. DraftKings and FanDuel employees have access to both things, neither of which is public,” his suit states.

“Because the goal is to beat the other players, a player with statistical data about ownership percentages of competitors would have an edge over players without this data.”


“DraftKings and FanDuel both communicated to customers that their employees were not allowed to play on their own sites, but omitted the material fact that they were allowed to play on other sites and that other sites’ employees were allowed to play on their site,” the suit states.

FanDuel did not respond to a NY Post request for comment. DraftKing declined to comment.

New York Attorney General Eric Schneiderman has opened investigations into both companies.

*Update -- fantasy sites ruled illegal in Nevada, feds move in, and RICO/Racketeering lawsuits commence.

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