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Bronstein, Gewirtz & Grossman, LLC Announces DraftKings Inc. (DKNG) Investigation

Tuesday, November 22, 2022 11:20 AM
Bronstein, Gewirtz and Grossman, LLC
https://www.bgandg.com/
Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / November 22, 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against DraftKings Inc. ("DraftKings" or the "Company") (NASDAQ:DKNG). Investors who purchased DraftKings securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/dkng.

Bronstein, Gewirtz and Grossman, LLC, Tuesday, November 22, 2022, Press release picture

The investigation concerns whether DraftKings violated federal securities laws.

On November 21, 2022, sports betting website The Action Network published an article reporting that DraftKings user accounts had been hacked and that funds in the users' accounts had been cashed out. DraftKings' co-founder Paul Liberman subsequently acknowledged the hacks, stating that roughly $300,000 in customer funds had been affected. On this news, DraftKings' stock price fell $0.76 per share, or 5.05%, to close at $14.29 per share on November 21, 2022.

If you are aware of any facts relating to this investigation or purchased DraftKings securities, you can assist this investigation by visiting the firm's site: www.bgandg.com/dkng. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]

SOURCE: Bronstein, Gewirtz & Grossman, LLC

Topic:
Lawsuits
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