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DraftKings, former exec talk settlement in marathon legal battle

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2024-10-23

DraftKings, former exec talk settlement in marathon legal battle

The long-running legal battle between DraftKings and a former executive could be nearing an armistice.

Attorneys for Michael Hermalyn and DraftKings noted in a Tuesday court filing that the two sides “are negotiating a potential resolution” of a federal lawsuit that began days after Hermalyn left for Fanatics Sportsbook in February.

DraftKings sought and won an injunction that hamstrung Hermalyn’s day-to-day duties at Fanatics earlier this year, though Hermalyn is expecting his first victory in the bicoastal legal battle over the enforcement of his non-compete agreement as part of a separate case in California.

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