U.S. markets close in 3 hours 23 minutes
  • S&P 500

    4,186.07
    -35.79 (-0.85%)
     
  • Dow 30

    33,415.08
    -408.37 (-1.21%)
     
  • Nasdaq

    14,085.02
    -76.33 (-0.54%)
     
  • Russell 2000

    2,259.45
    -28.01 (-1.22%)
     
  • Crude Oil

    71.59
    +0.55 (+0.77%)
     
  • Gold

    1,774.70
    -0.10 (-0.01%)
     
  • Silver

    26.03
    +0.17 (+0.67%)
     
  • EUR/USD

    1.1879
    -0.0031 (-0.26%)
     
  • 10-Yr Bond

    1.4570
    -0.0540 (-3.57%)
     
  • GBP/USD

    1.3820
    -0.0104 (-0.75%)
     
  • USD/JPY

    110.2200
    -0.0110 (-0.01%)
     
  • BTC-USD

    36,709.82
    -1,915.93 (-4.96%)
     
  • CMC Crypto 200

    907.45
    -32.49 (-3.46%)
     
  • FTSE 100

    7,017.47
    -135.96 (-1.90%)
     
  • Nikkei 225

    28,964.08
    -54.25 (-0.19%)
     

Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Skillz Inc. (SKLZ) Investigation

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

NEW YORK, NY / ACCESSWIRE / April 28, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Skillz Inc. ("Skillz" or "the Company") (NYSE:SKLZ). Investors who purchased Skillz securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/sklz.

The investigation concerns whether Skillz and certain of its officers and/or directors have violated federal securities laws.

On April 27, 2021, post-market, Bloomberg Law published an article entitled "Skillz eSports Founder Usurped Brother's Trust, Lawsuit Says." 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 he was allegedly duped into giving free rein to company executives and an attorney beholden to his brother." Specifically, the article reported that the lawsuit "alleges a ‘scheme' by Andrew and his attorney-John Pomerance of Mintz, Levin, Cohn, Ferris, Glovsky & Popeo PC-to take over management of the 5% founding equity his brother Jeremy got for suggesting the concept of ‘monetizing' video game playing." On this news, Skillz's stock price fell sharply during intraday trading on April 28, 2021.

If you are aware of any facts relating to this investigation, or purchased Skillz shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/sklz. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz and Grossman, LLC



View source version on accesswire.com:
https://www.accesswire.com/643066/Bronstein-Gewirtz-Grossman-LLC-Notifies-Investors-of-Skillz-Inc-SKLZ-Investigation