Lottery.com (LTRY) Launches Investigation into Short Selling Activities

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Go back to Lottery.com (LTRY) Launches Investigation into Short Selling Activities

Lottery.com Inc. Launches Investigation into Short Selling Activities

June 3, 2025 11:03 AM EDT

FORT WORTH, Texas, June 03, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (Lottery.com or the Company), a leading technology company transforming the intersection of gaming, sports and entertainment, announced today that it has commenced an investigation into potential short selling activities in its stock. The Company has engaged legal counsel from Paul Hastings LLP to conduct the investigation.

The Company believes that there may have been dissemination of false information relating to the Company with the objective of driving down its stock price and damaging its business. The Company also believes that it may have been... More