CATrends: ‘Daily Fantasy Sports’
Lawsuits throw the red flag on a number of DFS platforms.
FTX Platform
Case Name (Date)
Garrison et al. v. Golden State Warriors, LLC and Stephen Curry
23-cv-3628, N.D. Cal.
(July 2023)
Product/Service
FTX platform
Allegations
Failing to disclose the nature, scope, and amount of compensation the Golden State Warriors and Stephen Curry receive for promoting the FTX platform, in violation of federal securities laws
Status
Transferred to multidistrict litigation (MDL No. 3076) to be heard with other similar lawsuits
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