{"id":525491,"date":"2021-08-09T12:58:08","date_gmt":"2021-08-09T16:58:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/"},"modified":"2021-08-09T12:58:08","modified_gmt":"2021-08-09T16:58:08","slug":"shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/","title":{"rendered":"Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MILWAUKEE<\/span>, <span class=\"xn-chron\">Aug. 9, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Ademi LLP is investigating Golden Nugget Online Gaming (Nasdaq: GNOG)\u00a0for possible breaches of fiduciary duty and other violations of law in its transaction with DraftKings. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1580107\/Ademi_LLP_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1580107\/Ademi_LLP_Logo.jpg\" title=\"AdemiLogo (PRNewsfoto\/Ademi LLP)\" alt=\"AdemiLogo (PRNewsfoto\/Ademi LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Click here to learn how to join the action: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3253575-1&amp;h=3661489051&amp;u=https%3A%2F%2Fwww.ademilaw.com%2Fcase%2Fgolden-nugget-online-gaming-inc&amp;a=https%3A%2F%2Fwww.ademilaw.com%2Fcase%2Fgolden-nugget-online-gaming-inc\" rel=\"nofollow noopener\">https:\/\/www.ademilaw.com\/case\/golden-nugget-online-gaming-inc<\/a>\u00a0or call <span class=\"xn-person\">Guri Ademi<\/span> toll-free at 866-264-3995.\u00a0 There is no cost or obligation to you. <\/p>\n<p>Ademi LLP alleges\u00a0Golden Nugget Online Gaming&#8217;s financial outlook and prospects are excellent and yet Golden Nugget Online Gaming shareholders will receive only a fixed ratio of 0.365 shares of New DraftKings&#8217; Class A Common Stock for each Common Share of Golden Nugget Online Gaming. The merger agreement unreasonably limits competing bids for Golden Nugget Online Gaming\u00a0by prohibiting solicitation of further bids, and imposing a substantial penalty if Golden Nugget Online Gaming\u00a0accepts a superior bid. Golden Nugget Online Gaming\u00a0insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Golden Nugget Online Gaming&#8217;s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Golden Nugget Online Gaming. <\/p>\n<p>If you own Golden Nugget Online Gaming\u00a0common stock and wish to obtain additional information, please contact <span class=\"xn-person\">Guri Ademi<\/span> either at <a target=\"_blank\" href=\"mailto:gademi@ademilaw.com\" rel=\"nofollow noopener\">gademi@ademilaw.com<\/a>\u00a0or toll-free: 866-264-3995, or <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3253575-1&amp;h=3661489051&amp;u=https%3A%2F%2Fwww.ademilaw.com%2Fcase%2Fgolden-nugget-online-gaming-inc&amp;a=https%3A%2F%2Fwww.ademilaw.com%2Fcase%2Fgolden-nugget-online-gaming-inc\" rel=\"nofollow noopener\">https:\/\/www.ademilaw.com\/case\/golden-nugget-online-gaming-inc<\/a>.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes. <\/p>\n<p>\n        <b>Contacts<br \/><\/b>Ademi LLP<br \/><span class=\"xn-person\">Guri Ademi<\/span><br \/>Toll Free: (866) 264-3995<br \/>Fax: (414) 482-8001<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG69104&amp;sd=2021-08-09\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings-301351189.html\">https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings-301351189.html<\/a><\/p>\n<p>SOURCE  Ademi LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG69104&amp;Transmission_Id=202108091255PR_NEWS_USPR_____CG69104&amp;DateId=20210809\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MILWAUKEE, Aug. 9, 2021 \/PRNewswire\/ &#8212;\u00a0Ademi LLP is investigating Golden Nugget Online Gaming (Nasdaq: GNOG)\u00a0for possible breaches of fiduciary duty and other violations of law in its transaction with DraftKings. Click here to learn how to join the action: https:\/\/www.ademilaw.com\/case\/golden-nugget-online-gaming-inc\u00a0or call Guri Ademi toll-free at 866-264-3995.\u00a0 There is no cost or obligation to you. Ademi LLP alleges\u00a0Golden Nugget Online Gaming&#8217;s financial outlook and prospects are excellent and yet Golden Nugget Online Gaming shareholders will receive only a fixed ratio of 0.365 shares of New DraftKings&#8217; Class A Common Stock for each Common Share of Golden Nugget Online Gaming. The merger agreement unreasonably limits competing bids for Golden Nugget Online Gaming\u00a0by prohibiting solicitation of further bids, and imposing a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings&#8221;<\/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-525491","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings - 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-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MILWAUKEE, Aug. 9, 2021 \/PRNewswire\/ &#8212;\u00a0Ademi LLP is investigating Golden Nugget Online Gaming (Nasdaq: GNOG)\u00a0for possible breaches of fiduciary duty and other violations of law in its transaction with DraftKings. Click here to learn how to join the action: https:\/\/www.ademilaw.com\/case\/golden-nugget-online-gaming-inc\u00a0or call Guri Ademi toll-free at 866-264-3995.\u00a0 There is no cost or obligation to you. Ademi LLP alleges\u00a0Golden Nugget Online Gaming&#8217;s financial outlook and prospects are excellent and yet Golden Nugget Online Gaming shareholders will receive only a fixed ratio of 0.365 shares of New DraftKings&#8217; Class A Common Stock for each Common Share of Golden Nugget Online Gaming. The merger agreement unreasonably limits competing bids for Golden Nugget Online Gaming\u00a0by prohibiting solicitation of further bids, and imposing a &hellip; Continue reading &quot;Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-09T16:58:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1580107\/Ademi_LLP_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings\",\"datePublished\":\"2021-08-09T16:58:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\\\/\"},\"wordCount\":309,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1580107\\\/Ademi_LLP_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\\\/\",\"name\":\"Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/","og_locale":"en_US","og_type":"article","og_title":"Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings - Market Newsdesk","og_description":"PR Newswire MILWAUKEE, Aug. 9, 2021 \/PRNewswire\/ &#8212;\u00a0Ademi LLP is investigating Golden Nugget Online Gaming (Nasdaq: GNOG)\u00a0for possible breaches of fiduciary duty and other violations of law in its transaction with DraftKings. Click here to learn how to join the action: https:\/\/www.ademilaw.com\/case\/golden-nugget-online-gaming-inc\u00a0or call Guri Ademi toll-free at 866-264-3995.\u00a0 There is no cost or obligation to you. Ademi LLP alleges\u00a0Golden Nugget Online Gaming&#8217;s financial outlook and prospects are excellent and yet Golden Nugget Online Gaming shareholders will receive only a fixed ratio of 0.365 shares of New DraftKings&#8217; Class A Common Stock for each Common Share of Golden Nugget Online Gaming. The merger agreement unreasonably limits competing bids for Golden Nugget Online Gaming\u00a0by prohibiting solicitation of further bids, and imposing a &hellip; Continue reading \"Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-09T16:58:08+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1580107\/Ademi_LLP_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings","datePublished":"2021-08-09T16:58:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/"},"wordCount":309,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1580107\/Ademi_LLP_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-golden-nugget-online-gaming-inc-has-obtained-a-fair-price-in-its-transaction-with-draftkings\/","name":"Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings - 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