LTRYW - United States District Court Dismisses Class Action Complaint Against Lottery.com | Benzinga
AUSTIN, Texas, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Yesterday, the United States District Court for the Southern District of New York granted the Motions to Dismiss filed by Lottery.com, Inc. (NASDAQ:LTRY, LTRYW)) ("the Company"). In Case No. 1:22-cv-07111 (JLR), In re Lottery.com, Inc. Securities Litigation. The Company's Motions to Dismiss sought dismissal of the Amended Class Action Complaint and the Complaint filed by Plaintiff Harold M. Hoffman. The Court's ruling is based on the pleadings alone and is not a determination on the merits of the case.
The Court has granted the Class Action Plaintiffs and Plaintiff Harold M. Hoffman leave to amend their Complaints within twenty-one days of the date of the Court's ruling. The Company will continue to vigorously defend this matter, if necessary.
Lottery.com remains steadfast in its commitment to transparency, integrity, and responsible corporate governance.
For more information please contact: ir@lottery.com , or visit: http://www.lottery.com
About Lottery.com, Inc.
Lottery.com, Inc. is a leading technology company that is transforming how, where and when lotteries are played. Its engaging mobile and online platforms enable players and commercial partners located throughout the United States and other countries to remotely purchase safe and legally sanctioned lottery games. Lottery participants look to the Company's website, Lottery.com, for compelling, real-time results on over 800 lottery games from over 40 countries. In all that it does, Lottery.com's mission remains the same: an uncompromising passion to innovate, grow ...