
yo ppl huge update on that DraftKings/Fanatics legal battle!

just dropped that they reached settlement over that VIP exec situation!
quick breakdown of what went down:

DraftKings exec (Hermalyn) moved to Fanatics

massive legal battle over trade secrets

non-compete agreement drama

multiple lawsuits in different states

FINALLY settled today!
key points:

settlement terms staying confidential

Hermalyn still at Fanatics (heading LA office)

gotta follow "contractual commitments" to DraftKings

all lawsuits getting dismissed

12-month restrictions from original court still apply
why this matters:

shows how serious VIP client info is

non-compete agreements actually enforceable

companies protecting trade secrets HARD

industry taking client data super serious
wild how this played out fr fr... started right before Super Bowl, took almost year to resolve!
betting industry getting CRAZY competitive - anyone else notice how hard these companies fighting over VIP clients lately???
