Company: LTRYW
Filing Date: 2025-04-25
Form Type: S-1/A
Source: 0001641172-25-006093
Chunk: 72

Company: Lottery.com Inc.
Filing Date: 2025-04-25
Form: S-1/A
Chunk 72
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 voluntary dismissal of their claims. The Tinbu Complaints have been voluntarily dismissed without prejudice by the District Court of Appeal of the State of Florida Second District and the Circuit Court of the Thirteenth Judicial Circuit in and for Hillsborough County, Florida, indicating that no further action will be pursued by the plaintiffs in Florida State Court at this time. The District Court of Appeals also denied the Tinbu Plaintiff’s motion for attorney’s fees and costs.

Global Gaming Data

On November 21,
2023, the Company and its wholly owned subsidiary TinBu, LLC (“TinBu”) (Company and TinBu collectively, “Plaintiffs”)
filed their First Amended Verified Complaint in Federal Court for the Middle District of Florida (“MDF”) against John
J. Brier, Jr. (“Brier”), Bin Tu (“Tu”), and Global Gaming Data, LLC (“GGD”) (collectively, “Defendants”)
for violations of the Federal Defend Trade Secrets Act (“DTSA”), the Florida Uniform Trade Secrets Act (“FUTSA”)
and the Florida Deceptive and Unfair Trade Practices Act (“FDUTPA”), and for breaches of contract and fiduciary duties, including
the duty of loyalty, styled Lottery.com, Inc. f/k/a AutoLotto, Inc. and TinBu, LLC v. John J. Brier, Jr., Bin Tu, and Global Gaming Data, LLC (Case No.: 8:23-cv-2594-KKM-TGW)Defendants filed certain counterclaims against Plaintiffs. The Company’s
request for a Temporary Restraining Order was denied by the MDF in February 2024. On June 11, 2024 the MDF denied Plaintiffs’ motion
to dismiss. On June 25, 2024, Plaintiffs’ filed its answer to Defendants’ counterclaim(s). On July 10, 2024, the MDF entered
a case management and scheduling order with a trial setting for October 2025. On December 5, 2024, the parties participated in the court
ordered mediation. The outcome of the mediation was an impasse. On February 25, 2025, Plaintiffs’ claims were dismissed without
prejudice for failure to prosecute and the Defendants also moved for default judgment on their counterclaims. That portion of the Defendants’
motion was referred to the Magistrate Judge for a Report and Recommendation. On March 14, 2025, the Court entered an order