Skillz Hid 'Rudimentary' Gaming Tech, Investors Tell 9th Circ.

By Dorothy Atkins (April 1, 2024, 6:53 PM EDT) -- Skillz Inc. investors urged the Ninth Circuit Monday to revive a consolidated proposed class action alleging the mobile-gaming company misled investors about its growth prospects surrounding its 2021 go-public merger with a special-purpose acquisition company — arguing Skillz skewed revenues and misleadingly touted its gaming technology, which was in reality "rudimentary."...

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