An investigation on behalf of investors in DraftKings Inc. (NASDAQ:DKNG) shares over potential wrongdoing at DraftKings Inc. was announced.

San Diego, CA -- (SBWire) -- 10/05/2021 --Certain directors of DraftKings Inc. are under investigation over potential breaches of fiduciary duties.

Investors who purchased shares of DraftKings Inc. (NASDAQ: DKNG) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NASDAQ: DKNG stocks follows a lawsuit filed against DraftKings Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: DKNG stocks, concerns whether certain DraftKings Inc. directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between December 23, 2019 and June 15, 2021, the Defendants made false and/or misleading statements and/or failed to disclose that SBTech had a history of unlawful operations, that accordingly, DraftKings' merger with SBTech exposed the Company to dealings in black-market gaming, that the foregoing increased the Company's regulatory and criminal risks with respect to these transactions, that as a result of all the foregoing, the Company's revenues were, in part, derived from unlawful conduct and thus unsustainable, that accordingly, the benefits of the Business Combination were overstated, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of DraftKings Inc. (NASDAQ: DKNG) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.