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Federal Appellate Court Unanimously Affirms Lower Court’s Dismissal With Prejudice of All Claims Against SEGG Media

Barchart·08/10/2026 08:15:00
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FORT WORTH, Texas, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Sports Entertainment Gaming Global Corporation, (NASDAQ: SEGG, LTRYW) (the “Company” or “SEGG Media”), the global sports, entertainment, and gaming group, secured a definitive legal victory as the United States Court of Appeals for the Eleventh Circuit unanimously affirmed the District Court’s dismissal with prejudice of all claims seeking approximately $1.9 million in damages against the Company and its former chief executive officer for fraud.1   By upholding the dismissal with prejudice, the appellate court has permanently barred plaintiffs from re-filing or pursuing these allegations in any court, effectively bringing conclusive end to the protracted litigation.

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