Full Tilt Poker has reached another bump in its rather bleak road to recovery as it faces yet another class-action lawsuit. Canadian magazine “The Montreal Gazette” reported that the lawsuit was filed by a consumer protection agency, Consumer Law Group Inc., on behalf of Canadian poker players. The lawsuit was filed in front of the Superior Court of Quebec and is seeks the approximate $15 million dollars it alleges has been withheld from Canadian poker players.
Full Tilt Poker has reached another bump in its rather bleak road to recovery as it faces yet another class-action lawsuit. Canadian magazine “The Montreal Gazette” reported that the lawsuit was filed by a consumer protection agency, Consumer Law Group Inc., on behalf of Canadian poker players. The lawsuit was filed in front of the Superior Court of Quebec and is seeks the approximate $15 million dollars it alleges has been withheld from Canadian poker players.
The CLG declared, in an official statement on its website, that “The class action involves Full Tilt Poker’s illegal freezing of customers’ money that is kept in their internet poker player’s accounts accessible through the website, fulltiltpoker.com.” It also emphasizes the fact that despite the legal action taken within the United States, Canadian players will still able to play until they ultimately lost their Alderney Gaming Commission license in late June. “Since that time, Full Tilt Poker has not permitted Canadian players to make cash out requests, completely denying them access to their own Player Accounts and to their own funds,” the CLG affirmed.
It will be particularly interesting from a legal point of view to see what, if any, ability these lawsuit have to actually move forward, considering the jurisdictional situation and Full Tilt’s extremely complex and murky corporate structure. It’s not surprising to see the regular gang of shell companies, such as Tiltware LLC, Pocket Kings, Ltd., and Vantage Ltd, just to name a few are all the scope of the lawsuit, in addition to Ray Bitar, Nelson Burtnick, and Team Full Tilt members Howard Lederer, Chris Ferguson, Jennifer Harman, Erick Lindgren, Erik Seidel, Andy Bloch, Mike Matusow, Allen Cunningham, and Phil Ivey. Seemingly leaving no entity spared, Canadian payment processors like TLC Global were also targeted. The suit likely hopes that the processor’s four Royal Canadian bank accounts be frozen to help payout Canadian players.
On the heels of a prior class action lawsuit, seemingly failed investment and refinancing plans in Europe, Full Tilt’s future appears only bleaker. Can anyone save this sinking ship? One can only hope. Stay tuned for more developments as this and other Full Tilt stories progress.
Full Tilt Poker has reached another bump in its rather bleak road to recovery as it faces yet another class-action lawsuit. Canadian magazine “The Montreal Gazette” reported that the lawsuit was filed by a consumer protection agency, Consumer Law Group Inc., on behalf of Canadian poker players. The lawsuit was filed in front of the Superior Court of Quebec and is seeks the approximate $15 million dollars it alleges has been withheld from Canadian poker players.
The CLG declared, in an official statement on its website, that “The class action involves Full Tilt Poker’s illegal freezing of customers’ money that is kept in their internet poker player’s accounts accessible through the website, fulltiltpoker.com.” It also emphasizes the fact that despite the legal action taken within the United States, Canadian players will still able to play until they ultimately lost their Alderney Gaming Commission license in late June. “Since that time, Full Tilt Poker has not permitted Canadian players to make cash out requests, completely denying them access to their own Player Accounts and to their own funds,” the CLG affirmed.
It will be particularly interesting from a legal point of view to see what, if any, ability these lawsuit have to actually move forward, considering the jurisdictional situation and Full Tilt’s extremely complex and murky corporate structure. It’s not surprising to see the regular gang of shell companies, such as Tiltware LLC, Pocket Kings, Ltd., and Vantage Ltd, just to name a few are all the scope of the lawsuit, in addition to Ray Bitar, Nelson Burtnick, and Team Full Tilt members Howard Lederer, Chris Ferguson, Jennifer Harman, Erick Lindgren, Erik Seidel, Andy Bloch, Mike Matusow, Allen Cunningham, and Phil Ivey. Seemingly leaving no entity spared, Canadian payment processors like TLC Global were also targeted. The suit likely hopes that the processor’s four Royal Canadian bank accounts be frozen to help payout Canadian players.
On the heels of a prior class action lawsuit, seemingly failed investment and refinancing plans in Europe, Full Tilt’s future appears only bleaker. Can anyone save this sinking ship? One can only hope. Stay tuned for more developments as this and other Full Tilt stories progress.
