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Alias Born | 12/16/2021 |
Thursday, December 16, 2021 9:40:14 PM
Bragg gaming has been sued in the USA.
Public link is below. It's the filed legal brief that makes it seem pretty clear that the Spin sale to Bragg may never complete.
https://drive.google.com/file/d/1h-eUdtSn8e4Ew4p7yUORj3ug8PRFoexV/view
Clearly someone at Bragg's legal, compliance and securities team failed to do their due diligence. How do you miss a public lawsuit unless you deliberately buried it??? Did Spin get paid the $30 million yet? Something is very very wrong here.
Like the McDonald's CEO who just had his $105 million clawed back today for his fraud and failure to disclose material facts, this is going to be just as ugly and maybe worse. Could bankrupt the entire company based on their current stock spiral.
Did ANYONE see any disclosures or risk factors announcing this Motion for Injunctive Relief any of the SEDAR or SEC filings?
Looks like a shareholder lawsuit is in the forecast.
Looking at the dates ... it is incredibly fishy that Richard Carter, CEO resigns on November 16, 2021, without notice, without explanation 7 days after he issues this glowing quarterly report saying Bragg was on top of the world, and just 6 days before this injunctive relief is filed November 22, 2021 that looks like it is likely to prevail and stop the Spin sale.
Bragg stock is down nearly 80% since February. What does Richard Carter know that the public does not? The founders of Bragg and all their related entities just sued for racketeering, torts, defamation and more in the Nevada case. Eyes wide shut here.
Recent BRAG News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/28/2024 11:12:55 AM
- Bragg Gaming Expands Partnership with Caesars Digital to Pennsylvania and Ontario • Business Wire • 08/20/2024 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/08/2024 11:00:17 AM
- Bragg Gaming Group Announces Record Second Quarter 2024 Revenue of EUR 24.9 Million (USD 26.6 Million) • Business Wire • 08/08/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/29/2024 10:03:11 AM
- Bragg Gaming Group to Release Second Quarter 2024 Results on August 8 • Business Wire • 07/25/2024 12:00:00 PM
- Form SC 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 07/10/2024 01:14:53 PM
- Bragg Gaming Full Turnkey Solution Powers Hard Rock Casino Brand in The Netherlands • Business Wire • 07/02/2024 12:05:00 PM
- Bragg Gaming Group Announces Results From Annual Meeting of Shareholders • Business Wire • 07/02/2024 12:00:00 PM
- Bragg Gaming Continues U.S. Expansion With BetMGM Pennsylvania Content Launch • Business Wire • 06/26/2024 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/14/2024 01:46:18 PM
- Bragg Gaming Continues Global Expansion, Powers Kingsbet.cz Launch with an End-to-End iGaming Solution • Business Wire • 06/14/2024 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/03/2024 09:29:52 PM
- Bragg Gaming Appoints Robbie Bressler as Interim Chief Financial Officer • Business Wire • 06/03/2024 08:30:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/09/2024 11:00:36 AM
- Bragg Gaming Group First Quarter Revenue Rises 4.2% to EUR 23.8 Million (USD 25.6 Million) • Business Wire • 05/09/2024 11:00:00 AM
- Bragg Gaming Appoints Renowned iGaming Executive Neill Whyte Chief Commercial Officer • Business Wire • 05/01/2024 12:00:00 PM
- Bragg Announces US$7 Million Secured Note Financing • Business Wire • 04/26/2024 08:30:00 PM
- Bragg Gaming Group to Release First Quarter 2024 Results on May 9 • Business Wire • 04/26/2024 12:00:00 PM
- Bragg Gaming and Light & Wonder Agree to an International Distribution Deal • Business Wire • 04/22/2024 12:00:00 PM
- Bragg Gaming Announces Resignation of Chief Financial Officer • Business Wire • 04/05/2024 09:00:00 PM
- U.S. Index Futures on the Rise, Oil Prices Show Stability • IH Market News • 03/26/2024 11:21:42 AM
- Bragg Gaming Reports Fourth Quarter and Full Year 2023 Financial Results, Confirms Formation of Special Committee • Business Wire • 03/26/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/07/2024 03:16:27 PM
- Bragg Gaming Group to Release Fourth Quarter and Full Year 2023 Results on March 26 • Business Wire • 03/07/2024 01:00:00 PM
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