DraftKings Sues Former Executive for Proprietary Information Theft

The lawsuit accuses Michael Hermalyn of violating his non-compete agreement and engaging in workplace misconduct before joining rival Fanatics.

DraftKings has filed a lawsuit against former executive Michael Hermalyn, accusing him of stealing proprietary information and violating his non-compete agreement by joining rival Fanatics.
Hermalyn allegedly met secretly with Fanatics CEO Michael Rubin and downloaded DraftKings' Super Bowl 2024 business plans before leaving for Fanatics.
The lawsuit also details allegations of workplace misconduct by Hermalyn, including inappropriate behavior towards female colleagues and misuse of company funds.
Hermalyn has filed a counter lawsuit in California, claiming that the non-compete agreement is overly restrictive and unenforceable in the state.
Fanatics has dismissed the allegations as 'sour grapes,' suggesting DraftKings is upset about losing a valuable employee.