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Class Action Suit Against Full Tilt Largely Dismissed
- Jessica Welman | January 31, 2012
Roughly seven months after Todd Terry and several other poker players filed a class action lawsuit against Full Tilt owners, the suit has been dismissed by a New York federal judge. The suit named a number of individuals and corporations affiliated with Full Tilt Poker and sought the repayment of more than $150 million in player funds in addition to damages.
Law360.com broke the news about the Monday ruling, which dismissed several charges on the grounds that it could not be clearly determined whether the actions of the defendants named in the suit or the actions of the federal government’s April 15th actions resulted in players being unable to access their funds.
US District Judge Leonard B. Sand stated that he did not believe the racketeering charges alleged in the class action suit resulted directly in the confiscation of player funds. The defendants names in the suit included Ray Bitar, Howard Lederer, Chris Ferguson, Erik Seidel, Erick Lindgren, Phil Ivey, and several corporate entities including Pocket Kings Consulting. The charges against all the individuals named in the case were dismissed outright, while some of the charges against Tiltware LLC, Vantage Ltd, and Filco Ltd remain. The plaintiffs were also granted leave to amend some of their complaints against Tiltware and Pocket Kings.
BLUFF reached out to one of the plaintiffs for comment, but he declined.
The defendant’s counsel Jeff Ifrah was obviously pleased with the court’s decision. “The Court’s decision recognizes that relief for the players is being pursued by the United States. There is no compelling basis to open additional doors for private class action lawyers to pursue that very same relief,” Ifrah said in an official statement from Ifrah Law Firm.
This news breaks at the same time as several publications, most notably Gaming Intelligence, are reporting that Full Tilt is in the final stages of its agreement with the Department of Justice, which will allow the completion of the sale of the site to Groupe Bernard Tapie.
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- U.S. Attorney Preet Bharara Says Full Tilt Poker a “Global Ponzi Scheme” Howard Lederer was once the most powerful man in poker....
- Full Tilt Reaches Acquisition Agreement with Groupe Bernard Tapie After news broke yesterday that the Alderney Gambling Control Commission...




