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In RE Lottery.com, Inc. Securities Litigation
Case Number:
1:22-cv-07111
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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February 27, 2025
Lottery.com Investor Suit Over IPO Disclosures Trimmed
A New York federal judge trimmed a consolidated securities suit against third-party lottery website Lottery.com, tossing a handful of alleged misstatements made before its merger with a special purpose acquisition company and claims several of the individual defendants pushed through the merger for their financial gain, among other things.
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February 20, 2025
Lottery.com Exec Indicted Over Allegedly Bogus SPAC Filings
New York federal prosecutors unveiled criminal charges Thursday against Trident Acquisitions Corp.'s former CEO, accusing the executive of duping investors about the profitability of a 2021 take-public deal involving Lottery.com Inc. before cashing out and lying under oath while privately telling alleged co-conspirators he's in "deep, deep, deep, deep water."
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February 07, 2024
Lottery.com Beats Investor Suit Over Pre-IPO Disclosures
A New York federal judge has dismissed consolidated securities class actions against third-party lottery website Lottery.com Inc., ruling that while some statements ahead of its 2021 initial public offering were false, the proposed class members failed to adequately allege the defendants intended to defraud investors.
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April 04, 2023
Lottery.com Wants Investor Suit Over IPO Tossed
Third-party lottery website Lottery.com asked a New York federal judge to toss a proposed class action against it by investors who claim they were hurt when the company's share prices fell following its revelations about compliance and accounting issues.
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November 21, 2022
Glancy Prongay To Lead Lottery.com Investors' Lawsuit
Glancy Prongay & Murray LLP will represent a proposed class of investors in third-party lottery ticket website Lottery.com Inc. who claim they were hurt when the company's share prices fell following its revelations about compliance and accounting issues.
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October 20, 2022
Berger Montague, Glancy Prongay Seek Lottery.com Lead
Class action boutiques Glancy Prongay & Murray LLP and Berger Montague are each vying to take the helm of a proposed investor class action in New York federal court against third-party lottery website Lottery.com Inc. and three of its former executives.
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August 22, 2022
Lottery.com Faces Investor Suit Over Lotto Ticket Compliance
Third-party lottery website Lottery.com Inc. and three of its former executives face a proposed shareholder class action claiming it hurt investors after it uncovered issues with its accounting and compliance protocols following the company's initial public offering via a merger with a special purpose acquisition company in 2021.