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Federal Court Dismisses All Claims Against Lottery.com Inc. and Matthew McGahan with Prejudice
LTRYLottery(LTRY) GlobeNewswire·2025-02-27 16:44

Core Viewpoint - The United States District Court for the Southern District of Florida ruled in favor of Lottery.com and Matthew McGahan, dismissing the lawsuit filed by Sharon A. McTurk and her affiliated entities with prejudice, which prevents the plaintiffs from refiling the same claims [1][3][4]. Legal Proceedings - The lawsuit alleged four causes of action against the defendants, including fraudulent misrepresentation, negligent misrepresentation, aiding and abetting, and conspiracy [2][8]. - The court found that the plaintiffs' allegations did not meet the basic legal standards required to proceed with the case [2][4]. Court Decision - The court's ruling signifies the final dismissal of all claims against the defendants, effectively closing the matter [3][4]. - The dismissal was granted with prejudice, meaning the plaintiffs are barred from refiling the same claims [3][8]. Impact of the Ruling - The ruling highlighted the lack of credible evidence presented by the plaintiffs, leading to the rejection of all claims against Lottery.com and Matthew McGahan [4]. - This dismissal allows both parties to move forward without further legal considerations related to this matter [4]. Company Response - Matthew McGahan, Chairman and CEO of Lottery.com, expressed relief and optimism regarding the ruling, stating that it allows the company to focus on its operations and turnaround efforts [5].