NEW YORK, December 30, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential claims against DraftKings Inc. (“DraftKings” or the “Company”) DKNG on behalf of DraftKings shareholders. Our investigation concerns whether DraftKings has violated federal securities laws and/or engaged in other illegal business practices.

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On November 21, 2022, sports betting site The Action Network published an article reporting that DraftKings user accounts were hacked and funds in users’ accounts were withdrawn. DraftKings co-founder Paul Liberman subsequently acknowledged the hacks, stating that around $300,000 in customer funds were affected.

As a result of 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 have purchased or otherwise acquired DraftKings stock and have suffered a loss, are a long-term shareholder, have information, would like to learn more about these claims, or have any questions about this announcement or your rights or interests related to these matters, contact us please email Brandon Walker or Melissa Fortunato at investigations@bespc.comby phone at (212) 355-4648 or by fill out this contact form. There are no costs or obligations for you.

About Bragar Eagle & Squire, PC:

Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts across the country. More information about the company can be found at www.bespc.com. attorney advertising. Previous results do not guarantee similar results.

Contact information:

Bragar Eagle & Squire, PC
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com