Poker Forum
Class Action Complaint Filed Against Full Tilt Poker
On Thursday, June 30, 2011, a class action complaint was filed in the U.S. District Court South District of New York against Full Tilt Poker demanding the return of players’ funds and for subsequent damages, purported to be more than $150 million. The class-action complaint was brought by plaintiffs Steve Segal, Nick Hammer, Robin Hougdahl, and Todd Terry “on behalf of themselves and all other similarly situated.”
The complaint names nine corporate entities/companies, 15 persons, and “John Does,” which leaves open the possibility of attaching other names at later dates. The companies named...
In a brilliant display of marksmanship, the guys launching this suit have shot themselves in the foot essentially scuppering the deal to sell Full Tilt to investors as part of a deal to return money to players. The lawyers will make a ton of money and any money the players get (in about ten years) will be a small amount after legal fees.
flintsword
"The lucky player is usually the player that knows how much to leave to chance."
www.myspace.com/flintsword
07-01-2011 15:38
flintswordGotta love the Americans. If they don't understand something, they'll find someone to sue for it. Way to go, numbnuts, bolster some greedy lawyers' already bloated bank accounts and ensure that the funds you had coming to you get spent on a worthless and useless process. And I thought they got the point when they were laughed at in the 2p2 forums for coming up with this ludicrous idea....
07-01-2011 16:12 / 07-01-2011 16:14
Veigaldgod dammit. this is only gonna drag out the payback time when it was already on the road to being done....
07-01-2011 16:24
RealBubbleBoy
1idjakThe irony being, these guys are cry themselves to sleep when they realize the community they thought they were doing this in favor of, just got the shaft because of their actions.
07-02-2011 08:46
if phil ivey is a type of person who genuinely cares about poker players and community(and we poker players all want poker to grow so we can make more
money from recreational players), he would not file lawsuit. he should've taken a different, more pragamatic approach to help the poker
community and not betray the company he was representing and made him famous. it was ft that was saying over and over "phil ivey is the best poker player in the world." even if phil didnt know ft was run by bunch of crooks. i think ft did more good for him than hurt him. his lawsuit
only evidences how he only cares about his image, his financial situation, and how quick he can abandon and betray his friends.
dont get me wrong we poker players are all looking out for number one but we dont also profess to do things for other people either. now he wants to drop his lawsuit bc there's a possibility that pp will get their money back? i dont think his lawsuit has anything to do with whether people will get their money back. phil's only revealing his true character that i find sneaky and unadmirable. phil, dont do things for yourself and say you are doing
it for others.
however i do understand and fully support poker players suiing to get their money back from ft. since they are the actual victims. hopefully they are made whole by
a new company that buys ft.
07-02-2011 11:41 / 07-04-2011 11:55
donkykonggood for them. if its true that ftp never kept segregated player funds then they are doing the right thing
07-02-2011 22:39
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07-03-2011 13:28
The08ofPokerThis lawsuit was inevitable, and "calls out" all who profited, and lived luxury lifestyles off the backs of Full Tilt customers for years. I scratch my head at some of the comments above, that don't seem to get it. This action is about correcting wrongs, and whether the wrongs can be made right is irrelevant. Those plaintiffs are heros to thousands that have (so far) been dicked by Full Tilt and it's shady practices. I don't think it'll go to court, because if it gets that far, some people will be going to prison. We'll just have to wait and see. 
07-03-2011 19:17
Percival
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