SEC Fines DraftKings $200K Over CEO's Social Media Blasts

By Lauren Berg ( September 26, 2024, 9:56 PM EDT) -- DraftKings agreed to pay a $200,000 fine to resolve U.S. Securities and Exchange Commission administrative charges that the online sports betting platform shared nonpublic sales growth information with some of its investors through its CEO's social media without disclosing the information to all investors, the agency said Thursday....

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