{"id":499776,"date":"2021-06-01T06:06:52","date_gmt":"2021-06-01T10:06:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-skillz-inc-sklz\/"},"modified":"2021-06-01T06:06:52","modified_gmt":"2021-06-01T10:06:52","slug":"shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-skillz-inc-sklz","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-skillz-inc-sklz\/","title":{"rendered":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Skillz Inc. – SKLZ"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK<\/span>, June 1, 2021<\/span> \/PRNewswire\/ —\u00a0Pomerantz LLP is investigating claims on behalf of investors of\u00a0Skillz Inc.\u00a0(“Skillz” or the “Company”)\u00a0(NYSE:\u00a0SKLZ).\u00a0 Such investors are advised to contact Robert S. Willoughby<\/span> at \u00a0newaction@pomlaw.com<\/a>\u00a0or 888-476-6529, ext. 7980.<\/p>\n

\n

\n
\n \"Fighting
\n <\/a>\n <\/p>\n<\/p><\/div>\n

The investigation concerns whether Skillz and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 <\/p>\n

\n [Click here for information about joining the class action]<\/a>\u00a0<\/p>\n

On April 27, 2021<\/span>, post-market, Bloomberg Law<\/span><\/i> published an article entitled “Skillz eSports Founder Usurped Brother’s Trust, Lawsuit Says.”\u00a0 The article reported, in relevant part, that “[t]he brother of Andrew Paradise<\/span>, billionaire founder of the Skillz Inc. eSports franchise, filed a petition in Delaware<\/span> seeking to reclaim control over his investment trust after he was allegedly duped into giving free rein to company executives and an attorney beholden to his brother.”\u00a0 Specifically, the article reported that the lawsuit “alleges a ‘scheme’ by Andrew and his attorney\u2014John Pomerance of Mintz, Levin, Cohn, Ferris, Glovsky & Popeo PC\u2014to take over management of the 5% founding equity his brother Jeremy got for suggesting the concept of ‘monetizing’ video game playing.”\u00a0 On this news, Skillz’s stock price fell sharply during intraday trading on April 28, 2021<\/span>.<\/p>\n

The Pomerantz Firm, with offices in New York<\/span>, Chicago<\/span>, Los Angeles<\/span>, and Paris<\/span> is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz<\/span>, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com<\/a>.<\/p>\n

\n CONTACT:
<\/b>
\n Robert S. Willoughby<\/span>
\n
Pomerantz LLP
rswilloughby@pomlaw.com<\/a>
888-476-6529 ext. 7980<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-skillz-inc—sklz-301302671.html<\/a><\/p>\n

SOURCE Pomerantz LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK, June 1, 2021 \/PRNewswire\/ —\u00a0Pomerantz LLP is investigating claims on behalf of investors of\u00a0Skillz Inc.\u00a0(“Skillz” or the “Company”)\u00a0(NYSE:\u00a0SKLZ).\u00a0 Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com\u00a0or 888-476-6529, ext. 7980. The investigation concerns whether Skillz and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action]\u00a0 On April 27, 2021, post-market, Bloomberg Law published an article entitled “Skillz eSports Founder Usurped Brother’s Trust, Lawsuit Says.”\u00a0 The article reported, in relevant part, that “[t]he brother of Andrew Paradise, billionaire founder of the Skillz Inc. eSports franchise, filed a petition in Delaware seeking to reclaim control over his investment trust after … <\/p>\n

Continue reading “SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Skillz Inc. – SKLZ”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-499776","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Skillz Inc. - SKLZ - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-skillz-inc-sklz\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Skillz Inc. - SKLZ - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, June 1, 2021 \/PRNewswire\/ —\u00a0Pomerantz LLP is investigating claims on behalf of investors of\u00a0Skillz Inc.\u00a0(“Skillz” or the “Company”)\u00a0(NYSE:\u00a0SKLZ).\u00a0 Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com\u00a0or 888-476-6529, ext. 7980. 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