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NEW FULL TILT CLASS ACTION CIVIL SUIT FILED

04/15/2012 : NEW FULL TILT CLASS ACTION CIVIL SUIT FILED (Update)
 
Plaintiffs in previous dismissed case try again
 
A new class action suit was reportedly filed against Full Tilt Poker (FTP) entities in a Las Vegas Federal Court Thursday.
 
The suit, seeking a court order for the defendants to refund funds and pay punitive damages, follows another dismissed by a U.S. District Judge earlier this year which was filed by the same tenacious plaintiff's - poker players Steve Segal, Nick Hammer, Robin Hougdahl, and Todd Terry .
 
Naming Full Tilt Poker directors Howard Lederer and Chris Ferguson, the suit changes tack addressing the "Ponzi Scheme" allegation made by Black Friday's lead prosecutor Preet Bharara of the US Attorney's Office for New York in April 2011.
 
According to Vegas Inc., the plaintiff's latest court documentation states that Lederer and Ferguson "''exercised unlawful dominion and control'' over players’ funds in Full Tilt accounts, further charging that due to Lederer and Ferguson's actions Full Tilt players had been wrongfully denied access to their funds.
 
Court documents highlight some $42 million and another $85 million in distribution and profit sharing payments received by Lederer and Ferguson respectively and others received by Full Tilt Poker owners which the suit claims came from intermingled accounts that contained player funds.
 
Full Tilt and its executive face another three Federal Court civil suits filed by legal representatives of other disgruntled parties in addition to this the latest.



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