DraftKings has reportedly reached a settlement with a former executive accused of taking trade secrets when he left the company. According to Reuters, Michael Hermalyn allegedly used confidential information to help Fanatics get its VIP client services team off the ground. The settlement appears to have effectively ended litigation between the two sides.

BING NEWS:
  • DraftKings settles trade secrets lawsuit against ex-executive over Fanatics role
    DraftKings resolves lawsuit with ex-executive, Michael Hermalyn, accused of using trade secrets to aid Fanatics.
    01/2/2025 - 10:55 pm | View Link
  • DraftKings, ex-executive settle lawsuit over move to rival Fanatics
    DraftKings has reached a settlement with a former executive that the sports betting company had accused of stealing trade secrets before he quit his job to help build out rival Fanatics' nascent team ...
    12/24/2024 - 4:04 am | View Link
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