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DraftKings Hit by Lawsuit Alleging ‘Unjust Enrichment’ in SBTech DealWritten by: Philip Conneller

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A lawsuit filed Friday in a New York federal court Friday accuses several DraftKings directors of breach of fiduciary duty and unjust enrichment. The 103-page complaint brought by shareholder Jiahan Yu alleges the defendants caused the company to engage in “illicit operations,” thereby exposing it to “heightened risk of criminal or regulatory enforcement actions.” This
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