Skillz Hid ‘Rudimentary’ Gaming Tech, Investors Tell 9th Circ.

By Dorothy Atkins (April 1, 2024, 6:53 PM EDT) — Skillz Inc. traders urged the Ninth Circuit Monday to revive a consolidated proposed class motion alleging the mobile-gaming firm misled traders about its development prospects surrounding its 2021 go-public merger with a special-purpose acquisition firm — arguing Skillz skewed revenues and misleadingly touted its gaming know-how, which was in actuality “rudimentary.”…

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https://www.law360.com/fintech/articles/1819689/skillz-hid-rudimentary-gaming-tech-investors-tell-9th-circ-

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