DraftKings and FanDuel Agree with Plaintiffs: Putative Class Actions Should Be Consolidated

As the number of class actions against DraftKings, Inc. and FanDuel, Inc. continues to rise, the two companies agree with the many plaintiffs who have filed motions seeking consolidation.

The lawsuits have been filed against DraftKings and FanDuel in jurisdictions across the country — there are currently 37 putative class actions. A number of plaintiffs have filed motions with the Judicial Panel on Multidistrict Litigation requesting that the actions be consolidated under one court. In papers submitted in response to these motions (filed on …

October 22, 2015 Fantasy Sports

Plaintiffs in Putative Class Actions v. DraftKings, FanDuel Seek NY Consolidation

Since news of the DraftKings insider-trading scandal broke in late September 2015, a total of 11 putative class actions have been filed against the company and its top competitor, FanDuel. The two companies offer daily fantasy sports betting (DFS) platforms to paying users, and the lawsuits have arisen from the websites’ alleged unfair practices and illegal activity.

As the cases against DraftKings and FanDuel pile up, at least 3 petitions have been filed with the U.S. Judicial Panel on Multidistrict Litigation requesting that the cases …