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Fanatics and DraftKings Clash in Legal Battle Over Corporate Espionage Allegations

Sports merchandise giant Fanatics counters DraftKings' accusations, denying claims of espionage and employee solicitation in a heated legal dispute.

  • Fanatics responds to DraftKings' allegations, accusing the sportsbook of distorting reality and engaging in character assassination of former executive Michael Hermalyn.
  • DraftKings claims Hermalyn downloaded confidential documents and solicited employees, seeking an injunction to prevent him from working at Fanatics.
  • Fanatics argues that DraftKings is attempting to instill fear among its employees, noting that 186 DraftKings employees have applied to Fanatics since 2021.
  • The legal battle highlights the intense competition in the sports betting market, with both companies holding significant market shares.
  • Both parties present conflicting evidence, with a federal judge in Boston set to decide on the preliminary injunction request.
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